YEARLY HIGH
1.2239 CDF
YEARLY LOW
1.0042 CDF
YEARLY AVERAGE
1.1286 CDF

2018 MMK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MMK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 1.2239. Conversely, the yearly low was recorded on November 10, dropping to 1.0042.

This high-to-low spread represents a total annual volatility of 0.2198 CDF. From a start-to-finish perspective, comparing the January average rate of 1.1904 to the December average rate of 1.0379, the exchange rate registered a net change of -12.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2239 was up 1.12% compared to the 2017 peak of 1.2104, 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 6,120 CDF
2017 Average 5,357 CDF
Yearly Trough Low 5,021 CDF
Transaction Impact: A difference of 1,098.94 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.2312
0.9961
JanuMarcMayJulySeptNove

MMK to CDF 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 1.1987, compared to 1.0585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1402 points.

H1 Avg (Jan–Jun) 1.1987
H2 Avg (Jul–Dec) 1.0585

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0727 CDF (High: 1.0817 / Low: 1.0090). On the other end, March was the most stable month, with a tight range of 0.0125 CDF (High: 1.2143 / Low: 1.2018).

September Spread (Volatile) ±0.0727
March Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0483 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0483

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 1.2116) against the same month in 2017 (average: 1.0125), the exchange rate shifted by +0.1991 (+19.66%).

2018 Avg (April) 1.2116
2017 Avg (April) 1.0125

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2069 1.1563 1.1904
February 1.2225 1.2014 1.2084
March 1.2143 1.2018 1.2094
April 1.2239 1.1966 1.2116
May 1.2098 1.1901 1.1957
June 1.1955 1.1376 1.1767
July 1.1487 1.0852 1.1338
August 1.1171 1.0500 1.0854
September 1.0817 1.0090 1.0432
October 1.0733 1.0102 1.0352
November 1.0305 1.0042 1.0157
December 1.0592 1.0129 1.0379