YEARLY HIGH
0.0588 AFN
YEARLY LOW
0.0479 AFN
YEARLY AVERAGE
0.0550 AFN

2016 MMK to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.0588. Conversely, the yearly low was recorded on December 22, dropping to 0.0479.

This high-to-low spread represents a total annual volatility of 0.0109 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0528 to the December average rate of 0.0492, the exchange rate registered a net change of -6.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0588 was down 2.24% compared to the 2015 peak of 0.0602, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 294 AFN
2015 Average 277 AFN
Yearly Trough Low 240 AFN
Transaction Impact: A difference of 54.68 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0594
0.0483
JanuMarcMayJulySeptNove

MMK to AFN 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 0.0565, compared to 0.0535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0565
H2 Avg (Jul–Dec) 0.0535

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.0042 AFN (High: 0.0564 / Low: 0.0521). On the other end, January was the most stable month, with a tight range of 0.0008 AFN (High: 0.0531 / Low: 0.0523).

September Spread (Volatile) ±0.0042
January Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between 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 September and October, when the average rate fell by 0.0025 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0585) against the same month in 2015 (average: 0.0540), the exchange rate shifted by +0.0045 (+8.32%).

2016 Avg (May) 0.0585
2015 Avg (May) 0.0540

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0531 0.0523 0.0528
February 0.0564 0.0529 0.0553
March 0.0569 0.0553 0.0563
April 0.0588 0.0564 0.0579
May 0.0588 0.0580 0.0585
June 0.0587 0.0577 0.0582
July 0.0587 0.0579 0.0583
August 0.0581 0.0551 0.0564
September 0.0564 0.0521 0.0543
October 0.0526 0.0512 0.0517
November 0.0517 0.0506 0.0511
December 0.0507 0.0479 0.0492