YEARLY HIGH
0.0208 ETB
YEARLY LOW
0.0170 ETB
YEARLY AVERAGE
0.0193 ETB

2018 MMK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MMK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.0208. Conversely, the yearly low was recorded on September 23, dropping to 0.0170.

This high-to-low spread represents a total annual volatility of 0.0038 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0204 to the December average rate of 0.0180, the exchange rate registered a net change of -11.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0208 was up 2.44% compared to the 2017 peak of 0.0203, 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 104 ETB
2017 Average 88 ETB
Yearly Trough Low 85 ETB
Transaction Impact: A difference of 18.97 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0209
0.0172
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 0.0204, compared to 0.0181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0204
H2 Avg (Jul–Dec) 0.0181

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0012 ETB (High: 0.0182 / Low: 0.0170). On the other end, March was the most stable month, with a tight range of 0.0002 ETB (High: 0.0206 / Low: 0.0204).

September Spread (Volatile) ±0.0012
March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0206) against the same month in 2017 (average: 0.0166), the exchange rate shifted by +0.0041 (+24.55%).

2018 Avg (February) 0.0206
2017 Avg (February) 0.0166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0207 0.0202 0.0204
February 0.0208 0.0204 0.0206
March 0.0206 0.0204 0.0206
April 0.0208 0.0204 0.0206
May 0.0206 0.0203 0.0204
June 0.0204 0.0194 0.0201
July 0.0196 0.0189 0.0193
August 0.0190 0.0179 0.0184
September 0.0182 0.0170 0.0177
October 0.0183 0.0173 0.0177
November 0.0177 0.0174 0.0175
December 0.0184 0.0176 0.0180