2016 FKP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 FKP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the FKP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1929.7804. Conversely, the yearly low was recorded on July 6, dropping to 1507.6416.
This high-to-low spread represents a total annual volatility of 422.1388 MMK. From a start-to-finish perspective, comparing the January average rate of 1871.9298 to the December average rate of 1683.7599, the exchange rate registered a net change of -10.05% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 1929.7804 was down 2.28% compared to the 2015 peak of 1974.7723, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
FKP 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 1745.0814, compared to 1599.8389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 145.2425 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 225.4739 MMK (High: 1778.8918 / Low: 1553.4179). On the other end, September was the most stable month, with a tight range of 40.4318 MMK (High: 1632.6955 / Low: 1592.2637).
Growth Streaks & Declines
TrendsBetween July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 136.1525 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 1871.9298) against the same month in 2015 (average: 1559.9001), the exchange rate shifted by +312.0297 (+20.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1929.7804 | 1837.5135 | 1871.9298 |
| February | 1875.2325 | 1714.0456 | 1783.9459 |
| March | 1755.0195 | 1708.9403 | 1734.9448 |
| April | 1735.0037 | 1668.0516 | 1691.6657 |
| May | 1738.0063 | 1673.8053 | 1701.6060 |
| June | 1778.8918 | 1553.4179 | 1686.3961 |
| July | 1573.7921 | 1507.6416 | 1550.2436 |
| August | 1593.0771 | 1531.5262 | 1561.7038 |
| September | 1632.6955 | 1592.2637 | 1615.5462 |
| October | 1635.8201 | 1524.0995 | 1572.3330 |
| November | 1645.4875 | 1576.9598 | 1615.4467 |
| December | 1717.4265 | 1655.1177 | 1683.7599 |