YEARLY HIGH
685.6058 MMK
YEARLY LOW
635.0673 MMK
YEARLY AVERAGE
661.1852 MMK

2017 FJD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FJD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 685.6058. Conversely, the yearly low was recorded on January 3, dropping to 635.0673.

This high-to-low spread represents a total annual volatility of 50.5385 MMK. From a start-to-finish perspective, comparing the January average rate of 651.6945 to the December average rate of 657.8145, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 685.6058 was up 4.71% compared to the 2016 peak of 654.7837, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FJD based on timing:

Yearly Peak High 3,428,029 MMK
2016 Average 2,961,707 MMK
Yearly Trough Low 3,175,336 MMK
Transaction Impact: A difference of 252,692.55 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

677.0753
648.2367
JanuMarcMayJulySeptNove

FJD to MMK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 656.3923, compared to 665.9780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.5858 points.

H1 Avg (Jan–Jun) 656.3923
H2 Avg (Jul–Dec) 665.9780

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 29.9374 MMK (High: 665.0047 / Low: 635.0673). On the other end, April was the most stable month, with a tight range of 11.4666 MMK (High: 657.6998 / Low: 646.2332).

January Spread (Volatile) ±29.9374
April Spread (Stable) ±11.4666

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 11.3322 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -11.3322

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 674.6721) against the same month in 2016 (average: 599.6448), the exchange rate shifted by +75.0273 (+12.51%).

2017 Avg (September) 674.6721
2016 Avg (September) 599.6448

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 665.0047 635.0673 651.6945
February 674.1889 655.5694 664.9747
March 666.5049 645.5344 657.8475
April 657.6998 646.2332 652.5994
May 658.9472 637.9825 650.6400
June 671.3884 648.7658 660.5977
July 684.1278 656.0218 670.7787
August 684.8739 663.4641 674.0041
September 685.6058 667.1061 674.6721
October 675.6500 650.8494 664.9655
November 663.4092 647.2160 653.6332
December 666.1814 647.8644 657.8145