YEARLY HIGH
0.0380 MMK
YEARLY LOW
0.0320 MMK
YEARLY AVERAGE
0.0355 MMK

2018 IRR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the IRR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0380. Conversely, the yearly low was recorded on June 9, dropping to 0.0320.

This high-to-low spread represents a total annual volatility of 0.0060 MMK. From a start-to-finish perspective, comparing the January average rate of 0.0373 to the December average rate of 0.0371, the exchange rate registered a net change of -0.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0380 was down 16.60% compared to the 2017 peak of 0.0456, 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 190 MMK
2017 Average 206 MMK
Yearly Trough Low 160 MMK
Transaction Impact: A difference of 29.95 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0381
0.0319
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 0.0350, compared to 0.0359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0350
H2 Avg (Jul–Dec) 0.0359

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0040 MMK (High: 0.0361 / Low: 0.0320). On the other end, March was the most stable month, with a tight range of 0.0004 MMK (High: 0.0359 / Low: 0.0355).

May Spread (Volatile) ±0.0040
March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0022 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0373) against the same month in 2017 (average: 0.0428), the exchange rate shifted by -0.0055 (-12.87%).

2018 Avg (January) 0.0373
2017 Avg (January) 0.0428

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0380 0.0360 0.0373
February 0.0361 0.0356 0.0360
March 0.0359 0.0355 0.0357
April 0.0360 0.0352 0.0355
May 0.0361 0.0320 0.0334
June 0.0333 0.0320 0.0324
July 0.0333 0.0328 0.0330
August 0.0359 0.0333 0.0346
September 0.0377 0.0351 0.0363
October 0.0379 0.0358 0.0370
November 0.0378 0.0371 0.0376
December 0.0377 0.0363 0.0371