YEARLY HIGH
59.4777 MMK
YEARLY LOW
57.0564 MMK
YEARLY AVERAGE
58.0032 MMK

2017 HNL to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 59.4777. Conversely, the yearly low was recorded on January 21, dropping to 57.0564.

This high-to-low spread represents a total annual volatility of 2.4213 MMK. From a start-to-finish perspective, comparing the January average rate of 58.1258 to the December average rate of 57.4663, the exchange rate registered a net change of -1.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 59.4777 was up 0.59% compared to the 2016 peak of 59.1296, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 297,388 MMK
2016 Average 271,349 MMK
Yearly Trough Low 285,282 MMK
Transaction Impact: A difference of 12,106.45 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

58.3432
57.2951
JanuMarcMayJulySeptNove

HNL 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 58.1146, compared to 57.8918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2228 points.

H1 Avg (Jan–Jun) 58.1146
H2 Avg (Jul–Dec) 57.8918

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 2.4213 MMK (High: 59.4777 / Low: 57.0564). On the other end, December was the most stable month, with a tight range of 0.6923 MMK (High: 57.8694 / Low: 57.1771).

January Spread (Volatile) ±2.4213
December Spread (Stable) ±0.6923

Growth Streaks & Declines

Trends

Between April and August, 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 October and November, when the average rate fell by 0.5674 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 58.1258) against the same month in 2016 (average: 57.9321), the exchange rate shifted by +0.1937 (+0.33%).

2017 Avg (January) 58.1258
2016 Avg (January) 57.9321

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.4777 57.0564 58.1258
February 58.5572 57.3480 58.1239
March 59.1278 57.5945 58.1644
April 58.5820 57.6063 58.0196
May 58.6387 57.5175 58.1178
June 58.6148 57.6142 58.1359
July 58.6790 57.6649 58.2179
August 58.5705 57.8210 58.2559
September 58.5168 57.6577 58.0785
October 58.3932 57.2931 57.9498
November 57.9304 57.0927 57.3824
December 57.8694 57.1771 57.4663