2018 FJD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 FJD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the FJD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 772.1627. Conversely, the yearly low was recorded on May 7, dropping to 639.5500.
This high-to-low spread represents a total annual volatility of 132.6127 MMK. From a start-to-finish perspective, comparing the January average rate of 665.7283 to the December average rate of 737.9060, the exchange rate registered a net change of 10.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 772.1627 was up 12.62% compared to the 2017 peak of 685.6058, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 657.9402, compared to 725.9886 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 68.0484 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 52.8608 MMK (High: 772.1627 / Low: 719.3019). On the other end, February was the most stable month, with a tight range of 13.5141 MMK (High: 667.9294 / Low: 654.4154).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 16.7811 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 738.1537) against the same month in 2017 (average: 674.6721), the exchange rate shifted by +63.4816 (+9.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 675.1746 | 659.0164 | 665.7283 |
| February | 667.9294 | 654.4154 | 660.4103 |
| March | 666.2265 | 651.7757 | 658.6338 |
| April | 659.7561 | 644.4851 | 653.1341 |
| May | 658.2960 | 639.5500 | 649.4264 |
| June | 677.3853 | 653.1441 | 660.3084 |
| July | 697.0332 | 668.4378 | 681.3776 |
| August | 736.4267 | 694.6745 | 710.3431 |
| September | 772.1627 | 719.3019 | 738.1537 |
| October | 750.7903 | 710.4468 | 733.4643 |
| November | 762.4425 | 745.0714 | 754.6871 |
| December | 752.1511 | 719.9845 | 737.9060 |