YEARLY HIGH
0.0456 MMK
YEARLY LOW
0.0379 MMK
YEARLY AVERAGE
0.0412 MMK

2017 IRR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the IRR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0456. Conversely, the yearly low was recorded on December 31, dropping to 0.0379.

This high-to-low spread represents a total annual volatility of 0.0076 MMK. From a start-to-finish perspective, comparing the January average rate of 0.0428 to the December average rate of 0.0385, the exchange rate registered a net change of -10.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0456 was down 1.24% compared to the 2016 peak of 0.0461, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 228 MMK
2016 Average 205 MMK
Yearly Trough Low 190 MMK
Transaction Impact: A difference of 38.12 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0433
0.0381
JanuMarcMayJulySeptNove

IRR 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 0.0422, compared to 0.0403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0422
H2 Avg (Jul–Dec) 0.0403

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0041 MMK (High: 0.0456 / Low: 0.0415). On the other end, April was the most stable month, with a tight range of 0.0006 MMK (High: 0.0422 / Low: 0.0416).

January Spread (Volatile) ±0.0041
April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0011 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0428) against the same month in 2016 (average: 0.0433), the exchange rate shifted by -0.0005 (-1.09%).

2017 Avg (January) 0.0428
2016 Avg (January) 0.0433

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0456 0.0415 0.0428
February 0.0425 0.0418 0.0422
March 0.0423 0.0417 0.0421
April 0.0422 0.0416 0.0419
May 0.0423 0.0416 0.0420
June 0.0423 0.0417 0.0420
July 0.0422 0.0413 0.0418
August 0.0419 0.0408 0.0414
September 0.0412 0.0405 0.0409
October 0.0410 0.0391 0.0401
November 0.0394 0.0388 0.0391
December 0.0393 0.0379 0.0385