YEARLY HIGH
1.1426 CDF
YEARLY LOW
1.0542 CDF
YEARLY AVERAGE
1.0863 CDF

2019 MMK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MMK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.1426. Conversely, the yearly low was recorded on January 7, dropping to 1.0542.

This high-to-low spread represents a total annual volatility of 0.0884 CDF. From a start-to-finish perspective, comparing the January average rate of 1.0666 to the December average rate of 1.1192, the exchange rate registered a net change of 4.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.1426 was down 6.65% compared to the 2018 peak of 1.2239, 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 5,713 CDF
2018 Average 5,641 CDF
Yearly Trough Low 5,271 CDF
Transaction Impact: A difference of 441.91 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1244
1.0613
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 1.0753, compared to 1.0973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 1.0753
H2 Avg (Jul–Dec) 1.0973

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0376 CDF (High: 1.1426 / Low: 1.1049). On the other end, September was the most stable month, with a tight range of 0.0115 CDF (High: 1.0956 / Low: 1.0841).

December Spread (Volatile) ±0.0376
September Spread (Stable) ±0.0115

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 April and May, when the average rate fell by 0.0066 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 1.1192) against the same month in 2018 (average: 1.0379), the exchange rate shifted by +0.0813 (+7.83%).

2019 Avg (December) 1.1192
2018 Avg (December) 1.0379

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0843 1.0542 1.0666
February 1.0832 1.0570 1.0711
March 1.0836 1.0635 1.0745
April 1.0902 1.0695 1.0805
May 1.0817 1.0644 1.0739
June 1.0954 1.0756 1.0856
July 1.1050 1.0886 1.0980
August 1.1023 1.0855 1.0936
September 1.0956 1.0841 1.0885
October 1.0945 1.0826 1.0864
November 1.1061 1.0872 1.0980
December 1.1426 1.1049 1.1192