2018 MMK to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MMK to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MMK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 10.5090. Conversely, the yearly low was recorded on September 22, dropping to 8.8535.
This high-to-low spread represents a total annual volatility of 1.6555 IDR. From a start-to-finish perspective, comparing the January average rate of 9.9698 to the December average rate of 9.2689, the exchange rate registered a net change of -7.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 10.5090 was up 4.54% compared to the 2017 peak of 10.0525, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MMK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MMK to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.2317, compared to 9.4751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7566 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 0.6997 IDR (High: 10.0424 / Low: 9.3427). On the other end, March was the most stable month, with a tight range of 0.0708 IDR (High: 10.3196 / Low: 10.2488).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 0.4776 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2018: 10.3943) against the same month in 2017 (average: 9.7725), the exchange rate shifted by +0.6217 (+6.36%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.0615 | 9.8715 | 9.9698 |
| February | 10.2760 | 10.0756 | 10.1897 |
| March | 10.3196 | 10.2488 | 10.2913 |
| April | 10.4433 | 10.2781 | 10.3555 |
| May | 10.5090 | 10.2746 | 10.3943 |
| June | 10.3180 | 10.0217 | 10.1896 |
| July | 10.1328 | 9.7993 | 9.9894 |
| August | 9.8023 | 9.2673 | 9.5651 |
| September | 9.4743 | 8.8535 | 9.1897 |
| October | 10.0424 | 9.3427 | 9.6575 |
| November | 9.4072 | 9.0251 | 9.1799 |
| December | 9.4291 | 8.9899 | 9.2689 |