2018 FKP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 FKP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the FKP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 2140.6757. Conversely, the yearly low was recorded on May 29, dropping to 1794.6526.
This high-to-low spread represents a total annual volatility of 346.0232 MMK. From a start-to-finish perspective, comparing the January average rate of 1858.8486 to the December average rate of 1984.3999, the exchange rate registered a net change of 6.75% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 2140.6757 was up 15.56% compared to the 2017 peak of 1852.4700, 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 2018.
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 1850.9527, compared to 1991.8491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 140.8964 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 178.9109 MMK (High: 2140.6757 / Low: 1961.7648). On the other end, May was the most stable month, with a tight range of 43.0636 MMK (High: 1837.7162 / Low: 1794.6526).
Growth Streaks & Declines
TrendsBetween May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 77.0359 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 2045.2834) against the same month in 2017 (average: 1812.6297), the exchange rate shifted by +232.6537 (+12.84%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1905.2935 | 1817.4974 | 1858.8486 |
| February | 1898.9542 | 1839.1161 | 1862.0736 |
| March | 1900.3847 | 1841.7590 | 1867.9472 |
| April | 1905.3416 | 1852.4363 | 1874.0061 |
| May | 1837.7162 | 1794.6526 | 1818.3048 |
| June | 1862.3708 | 1804.3150 | 1824.5357 |
| July | 1914.6658 | 1849.3440 | 1883.0726 |
| August | 2018.5338 | 1875.5463 | 1929.1557 |
| September | 2140.6757 | 1961.7648 | 2045.2834 |
| October | 2109.4050 | 1977.9551 | 2047.7469 |
| November | 2092.1745 | 2025.3711 | 2061.4359 |
| December | 2027.0864 | 1960.8670 | 1984.3999 |