YEARLY HIGH
25.9931 IRR
YEARLY LOW
21.6781 IRR
YEARLY AVERAGE
24.4525 IRR

2016 MMK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 25, valuing the pair at 25.9931. Conversely, the yearly low was recorded on December 22, dropping to 21.6781.

This high-to-low spread represents a total annual volatility of 4.3151 IRR. From a start-to-finish perspective, comparing the January average rate of 23.0876 to the December average rate of 22.2885, the exchange rate registered a net change of -3.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 25.9931 was down 6.25% compared to the 2015 peak of 27.7271, 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 129,966 IRR
2015 Average 131,083 IRR
Yearly Trough Low 108,390 IRR
Transaction Impact: A difference of 21,575.32 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

26.1656
21.9360
JanuMarcMayJulySeptNove

MMK to IRR 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 24.8467, compared to 24.0583 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7885 points.

H1 Avg (Jan–Jun) 24.8467
H2 Avg (Jul–Dec) 24.0583

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 1.5002 IRR (High: 24.6241 / Low: 23.1239). On the other end, January was the most stable month, with a tight range of 0.3215 IRR (High: 23.2235 / Low: 22.9019).

February Spread (Volatile) ±1.5002
January Spread (Stable) ±0.3215

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 November and December, when the average rate fell by 0.8942 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8942

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2016: 25.5681) against the same month in 2015 (average: 26.4283), the exchange rate shifted by -0.8602 (-3.25%).

2016 Avg (April) 25.5681
2015 Avg (April) 26.4283

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.2235 22.9019 23.0876
February 24.6241 23.1239 24.2136
March 25.1043 24.3193 24.8497
April 25.9931 24.8516 25.5681
May 25.9805 25.5131 25.8131
June 25.8642 25.3489 25.5483
July 25.9897 25.2956 25.5739
August 25.4310 24.7898 25.2065
September 25.0373 23.8987 24.4773
October 24.0502 23.3345 23.6206
November 23.5723 22.8190 23.1827
December 22.8846 21.6781 22.2885