YEARLY HIGH
12.7812 MMK
YEARLY LOW
10.3950 MMK
YEARLY AVERAGE
11.1859 MMK

2018 JMD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 12.7812. Conversely, the yearly low was recorded on June 20, dropping to 10.3950.

This high-to-low spread represents a total annual volatility of 2.3862 MMK. From a start-to-finish perspective, comparing the January average rate of 10.8312 to the December average rate of 12.2520, the exchange rate registered a net change of 13.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 12.7812 was up 16.68% compared to the 2017 peak of 10.9544, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,906 MMK
2017 Average 53,051 MMK
Yearly Trough Low 51,975 MMK
Transaction Impact: A difference of 11,930.96 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

12.8411
10.2994
JanuMarcMayJulySeptNove

JMD 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 10.6605, compared to 11.7113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0508 points.

H1 Avg (Jan–Jun) 10.6605
H2 Avg (Jul–Dec) 11.7113

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 1.1998 MMK (High: 12.5342 / Low: 11.3344). On the other end, May was the most stable month, with a tight range of 0.1661 MMK (High: 10.8276 / Low: 10.6615).

October Spread (Volatile) ±1.1998
May Spread (Stable) ±0.1661

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 November and December, when the average rate fell by 0.3773 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.3773

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 12.6293) against the same month in 2017 (average: 10.7313), the exchange rate shifted by +1.8980 (+17.69%).

2018 Avg (November) 12.6293
2017 Avg (November) 10.7313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.9183 10.6957 10.8312
February 10.7035 10.5077 10.6035
March 10.6378 10.4207 10.5112
April 10.8210 10.5578 10.6811
May 10.8276 10.6615 10.7536
June 10.8826 10.3950 10.5824
July 11.0311 10.8117 10.9135
August 11.3233 10.8714 11.0554
September 11.9883 11.1158 11.5115
October 12.5342 11.3344 11.9064
November 12.7812 12.4549 12.6293
December 12.5419 12.0402 12.2520