YEARLY HIGH
14.7674 MMK
YEARLY LOW
12.5669 MMK
YEARLY AVERAGE
13.3311 MMK

2018 ISK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ISK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 14.7674. Conversely, the yearly low was recorded on June 18, dropping to 12.5669.

This high-to-low spread represents a total annual volatility of 2.2005 MMK. From a start-to-finish perspective, comparing the January average rate of 13.0959 to the December average rate of 13.0057, 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 14.7674 was up 5.76% compared to the 2017 peak of 13.9629, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73,837 MMK
2017 Average 63,923 MMK
Yearly Trough Low 62,835 MMK
Transaction Impact: A difference of 11,002.29 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

14.3369
12.7199
JanuMarcMayJulySeptNove

ISK 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 13.1628, compared to 13.4995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3367 points.

H1 Avg (Jan–Jun) 13.1628
H2 Avg (Jul–Dec) 13.4995

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 1.0577 MMK (High: 14.7674 / Low: 13.7097). On the other end, February was the most stable month, with a tight range of 0.3424 MMK (High: 13.3527 / Low: 13.0103).

September Spread (Volatile) ±1.0577
February Spread (Stable) ±0.3424

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.7662 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7662

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 14.2022) against the same month in 2017 (average: 12.7975), the exchange rate shifted by +1.4046 (+10.98%).

2018 Avg (September) 14.2022
2017 Avg (September) 12.7975

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.2762 12.8252 13.0959
February 13.3527 13.0103 13.2035
March 13.6406 13.2614 13.4411
April 13.5478 13.1464 13.3793
May 13.2535 12.7150 13.0024
June 13.3733 12.5669 12.8547
July 13.8796 13.1425 13.4261
August 14.5163 13.4619 13.9268
September 14.7674 13.7097 14.2022
October 13.9526 13.0975 13.4359
November 13.2810 12.7252 13.0001
December 13.4150 12.5880 13.0057