YEARLY HIGH
0.0704 CVE
YEARLY LOW
0.0579 CVE
YEARLY AVERAGE
0.0652 CVE

2018 MMK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MMK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 0.0704. Conversely, the yearly low was recorded on September 23, dropping to 0.0579.

This high-to-low spread represents a total annual volatility of 0.0125 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0675 to the December average rate of 0.0620, the exchange rate registered a net change of -8.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0704 was down 9.79% compared to the 2017 peak of 0.0781, 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 352 CVE
2017 Average 360 CVE
Yearly Trough Low 290 CVE
Transaction Impact: A difference of 62.45 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0700
0.0596
JanuMarcMayJulySeptNove

MMK to CVE 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 0.0680, compared to 0.0624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.0680
H2 Avg (Jul–Dec) 0.0624

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0045 CVE (High: 0.0656 / Low: 0.0611). On the other end, November was the most stable month, with a tight range of 0.0013 CVE (High: 0.0616 / Low: 0.0603).

August Spread (Volatile) ±0.0045
November Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.0692) against the same month in 2017 (average: 0.0734), the exchange rate shifted by -0.0043 (-5.83%).

2018 Avg (May) 0.0692
2017 Avg (May) 0.0734

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0689 0.0663 0.0675
February 0.0679 0.0666 0.0673
March 0.0679 0.0665 0.0671
April 0.0686 0.0671 0.0677
May 0.0704 0.0681 0.0692
June 0.0700 0.0674 0.0690
July 0.0676 0.0648 0.0662
August 0.0656 0.0611 0.0639
September 0.0623 0.0579 0.0605
October 0.0631 0.0596 0.0612
November 0.0616 0.0603 0.0608
December 0.0632 0.0611 0.0620