YEARLY HIGH
1.9607 ETB
YEARLY LOW
1.6421 ETB
YEARLY AVERAGE
1.7841 ETB

2010 MMK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MMK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 18, valuing the pair at 1.9607. Conversely, the yearly low was recorded on January 12, dropping to 1.6421.

This high-to-low spread represents a total annual volatility of 0.3186 ETB. From a start-to-finish perspective, comparing the January average rate of 1.6545 to the December average rate of 1.9506, the exchange rate registered a net change of 17.89% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 9,803 ETB
Yearly Average 8,921 ETB
Yearly Trough Low 8,210 ETB
Transaction Impact: A difference of 1,593.00 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.9802
1.6249
JanuMarcMayJulySeptNove

MMK to ETB 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 1.6991, compared to 1.8692 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1702 points.

H1 Avg (Jan–Jun) 1.6991
H2 Avg (Jul–Dec) 1.8692

Volatility Range Comparison

Volatility

The most volatile month in 2010 was September, with a trading range of 0.2124 ETB (High: 1.9414 / Low: 1.7290). On the other end, November was the most stable month, with a tight range of 0.0044 ETB (High: 1.9487 / Low: 1.9443).

September Spread (Volatile) ±0.2124
November Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0015 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for October 2010 is 1.9435.

2010 Avg (October) 1.9435
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6582 1.6421 1.6545
February 1.6954 1.6530 1.6645
March 1.7306 1.6979 1.7119
April 1.7344 1.7057 1.7210
May 1.7678 1.7149 1.7220
June 1.7360 1.7113 1.7204
July 1.7252 1.7145 1.7223
August 1.7360 1.7216 1.7272
September 1.9414 1.7290 1.9253
October 1.9607 1.9407 1.9435
November 1.9487 1.9443 1.9465
December 1.9531 1.9486 1.9506