2017 KGS to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 KGS to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the KGS to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 24.3703. Conversely, the yearly low was recorded on November 24, dropping to 19.3283.
This high-to-low spread represents a total annual volatility of 5.0420 MMK. From a start-to-finish perspective, comparing the January average rate of 19.5674 to the December average rate of 19.5106, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 24.3703 was up 21.80% compared to the 2016 peak of 20.0092, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KGS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
KGS to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 19.8476, compared to 19.7584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0892 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 4.7843 MMK (High: 24.3703 / Low: 19.5860). On the other end, October was the most stable month, with a tight range of 0.3110 MMK (High: 20.0109 / Low: 19.6999).
Growth Streaks & Declines
TrendsBetween January and May, 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 0.3105 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 20.0412) against the same month in 2016 (average: 17.3904), the exchange rate shifted by +2.6509 (+15.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.7943 | 19.3406 | 19.5674 |
| February | 19.9062 | 19.5467 | 19.7639 |
| March | 19.9780 | 19.5288 | 19.7751 |
| April | 20.3804 | 19.7165 | 19.9931 |
| May | 20.2836 | 19.8792 | 20.1051 |
| June | 20.0930 | 19.6851 | 19.8813 |
| July | 20.0158 | 19.4384 | 19.6974 |
| August | 24.3703 | 19.5860 | 20.0412 |
| September | 20.0573 | 19.6917 | 19.8566 |
| October | 20.0109 | 19.6999 | 19.8775 |
| November | 19.7690 | 19.3283 | 19.5670 |
| December | 19.6799 | 19.3563 | 19.5106 |