YEARLY HIGH
0.0195 HNL
YEARLY LOW
0.0169 HNL
YEARLY AVERAGE
0.0185 HNL

2016 MMK to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 0.0195. Conversely, the yearly low was recorded on December 22, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0026 HNL. From a start-to-finish perspective, comparing the January average rate of 0.0173 to the December average rate of 0.0173, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0195 was down 7.28% compared to the 2015 peak of 0.0210, 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 97 HNL
2015 Average 98 HNL
Yearly Trough Low 85 HNL
Transaction Impact: A difference of 12.81 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0195
0.0171
JanuMarcMayJulySeptNove

MMK to HNL 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 0.0186, compared to 0.0183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0186
H2 Avg (Jul–Dec) 0.0183

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0011 HNL (High: 0.0184 / Low: 0.0173). On the other end, May was the most stable month, with a tight range of 0.0003 HNL (High: 0.0194 / Low: 0.0191).

February Spread (Volatile) ±0.0011
May Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2016: 0.0193) against the same month in 2015 (average: 0.0199), the exchange rate shifted by -0.0006 (-3.01%).

2016 Avg (July) 0.0193
2015 Avg (July) 0.0199

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0174 0.0170 0.0173
February 0.0184 0.0173 0.0181
March 0.0187 0.0182 0.0186
April 0.0194 0.0186 0.0191
May 0.0194 0.0191 0.0193
June 0.0193 0.0190 0.0191
July 0.0195 0.0191 0.0193
August 0.0193 0.0189 0.0192
September 0.0191 0.0182 0.0186
October 0.0183 0.0177 0.0180
November 0.0179 0.0176 0.0178
December 0.0177 0.0169 0.0173