2016 KWD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 KWD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the KWD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 4532.4861. Conversely, the yearly low was recorded on April 26, dropping to 3853.1832.
This high-to-low spread represents a total annual volatility of 679.3029 MMK. From a start-to-finish perspective, comparing the January average rate of 4273.9450 to the December average rate of 4417.9223, the exchange rate registered a net change of 3.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 4532.4861 was up 4.63% compared to the 2015 peak of 4331.8583, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
KWD 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 4035.9755, compared to 4139.0258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 103.0503 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was December, with a trading range of 222.1921 MMK (High: 4532.4861 / Low: 4310.2940). On the other end, July was the most stable month, with a tight range of 60.7844 MMK (High: 3933.3456 / Low: 3872.5612).
Growth Streaks & Declines
TrendsBetween July and December, 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 March and April, when the average rate fell by 118.8012 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 4417.9223) against the same month in 2015 (average: 4275.6658), the exchange rate shifted by +142.2564 (+3.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4315.1952 | 4248.1952 | 4273.9450 |
| February | 4277.6828 | 4104.3691 | 4156.2936 |
| March | 4133.4503 | 3993.1387 | 4039.2901 |
| April | 4031.1142 | 3853.1832 | 3920.4890 |
| May | 3930.4832 | 3864.9838 | 3889.2418 |
| June | 3963.5655 | 3889.1500 | 3936.5936 |
| July | 3933.3456 | 3872.5612 | 3902.2091 |
| August | 4027.9485 | 3920.6630 | 3956.4334 |
| September | 4174.2618 | 3982.0500 | 4077.8281 |
| October | 4251.1825 | 4134.6322 | 4209.5430 |
| November | 4319.2765 | 4214.7793 | 4270.2190 |
| December | 4532.4861 | 4310.2940 | 4417.9223 |