YEARLY HIGH
772.1627 MMK
YEARLY LOW
639.5500 MMK
YEARLY AVERAGE
691.9644 MMK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 3,860,813 MMK
2017 Average 3,305,814 MMK
Yearly Trough Low 3,197,750 MMK
Transaction Impact: A difference of 663,063.46 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

765.2131
638.9004
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 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.

H1 Avg (Jan–Jun) 657.9402
H2 Avg (Jul–Dec) 725.9886

Volatility Range Comparison

Volatility

The 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).

September Spread (Volatile) ±52.8608
February Spread (Stable) ±13.5141

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 November and December, when the average rate fell by 16.7811 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -16.7811

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (September) 738.1537
2017 Avg (September) 674.6721

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