YEARLY HIGH
835.1892 MMK
YEARLY LOW
684.9280 MMK
YEARLY AVERAGE
706.2612 MMK

2019 FJD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FJD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 835.1892. Conversely, the yearly low was recorded on August 25, dropping to 684.9280.

This high-to-low spread represents a total annual volatility of 150.2612 MMK. From a start-to-finish perspective, comparing the January average rate of 721.8006 to the December average rate of 692.0263, the exchange rate registered a net change of -4.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 835.1892 was up 8.16% compared to the 2018 peak of 772.1627, 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 4,175,946 MMK
2018 Average 3,460,593 MMK
Yearly Trough Low 3,424,640 MMK
Transaction Impact: A difference of 751,306.21 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

724.7781
689.0488
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 714.2642, compared to 698.2581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.0061 points.

H1 Avg (Jan–Jun) 714.2642
H2 Avg (Jul–Dec) 698.2581

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 143.9425 MMK (High: 835.1892 / Low: 691.2467). On the other end, June was the most stable month, with a tight range of 8.8571 MMK (High: 712.2845 / Low: 703.4274).

September Spread (Volatile) ±143.9425
June Spread (Stable) ±8.8571

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 10.0078 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -10.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 704.7845) against the same month in 2018 (average: 738.1537), the exchange rate shifted by -33.3692 (-4.52%).

2019 Avg (September) 704.7845
2018 Avg (September) 738.1537

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 728.9003 714.1074 721.8006
February 729.2775 715.7719 720.7231
March 727.8787 709.3372 715.7205
April 718.5566 704.4653 709.9789
May 715.8181 706.1084 709.0994
June 712.2845 703.4274 708.2630
July 715.5737 697.9124 706.0928
August 700.5584 684.9280 696.0850
September 835.1892 691.2467 704.7845
October 703.4964 690.2656 697.6277
November 698.9573 686.6479 692.9323
December 698.8073 686.4661 692.0263