YEARLY HIGH
26.3622 IRR
YEARLY LOW
21.9501 IRR
YEARLY AVERAGE
24.2781 IRR

2017 MMK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MMK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 26.3622. Conversely, the yearly low was recorded on January 1, dropping to 21.9501.

This high-to-low spread represents a total annual volatility of 4.4122 IRR. From a start-to-finish perspective, comparing the January average rate of 23.3683 to the December average rate of 25.9526, the exchange rate registered a net change of 11.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 26.3622 was up 1.42% compared to the 2016 peak of 25.9931, 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 131,811 IRR
2016 Average 122,256 IRR
Yearly Trough Low 109,750 IRR
Transaction Impact: A difference of 22,060.93 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

26.2111
23.1099
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 23.7139, compared to 24.8423 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1284 points.

H1 Avg (Jan–Jun) 23.7139
H2 Avg (Jul–Dec) 24.8423

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 2.1431 IRR (High: 24.0932 / Low: 21.9501). On the other end, April was the most stable month, with a tight range of 0.3229 IRR (High: 24.0324 / Low: 23.7096).

January Spread (Volatile) ±2.1431
April Spread (Stable) ±0.3229

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0454 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0454

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 25.9526) against the same month in 2016 (average: 22.2885), the exchange rate shifted by +3.6641 (+16.44%).

2017 Avg (December) 25.9526
2016 Avg (December) 22.2885

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.0932 21.9501 23.3683
February 23.9225 23.5247 23.6749
March 23.9896 23.6305 23.7339
April 24.0324 23.7096 23.8574
May 24.0633 23.6151 23.8120
June 24.0026 23.6538 23.8368
July 24.2123 23.7120 23.9350
August 24.5340 23.8739 24.1597
September 24.7007 24.2635 24.4771
October 25.5476 24.4142 24.9210
November 25.8040 25.3763 25.6086
December 26.3622 25.4525 25.9526