YEARLY HIGH
31.2434 IRR
YEARLY LOW
26.3181 IRR
YEARLY AVERAGE
28.2532 IRR

2018 MMK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MMK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 31.2434. Conversely, the yearly low was recorded on January 3, dropping to 26.3181.

This high-to-low spread represents a total annual volatility of 4.9253 IRR. From a start-to-finish perspective, comparing the January average rate of 26.7964 to the December average rate of 26.9780, the exchange rate registered a net change of 0.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 31.2434 was up 18.52% compared to the 2017 peak of 26.3622, 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 156,217 IRR
2017 Average 121,406 IRR
Yearly Trough Low 131,590 IRR
Transaction Impact: A difference of 24,626.60 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

31.2938
26.1664
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 28.6170, compared to 27.8894 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7276 points.

H1 Avg (Jan–Jun) 28.6170
H2 Avg (Jul–Dec) 27.8894

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 3.4694 IRR (High: 31.2048 / Low: 27.7353). On the other end, March was the most stable month, with a tight range of 0.3161 IRR (High: 28.1600 / Low: 27.8439).

May Spread (Volatile) ±3.4694
March Spread (Stable) ±0.3161

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.3795 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.3795

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 30.8665) against the same month in 2017 (average: 23.8368), the exchange rate shifted by +7.0297 (+29.49%).

2018 Avg (June) 30.8665
2017 Avg (June) 23.8368

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.7487 26.3181 26.7964
February 28.0785 27.7098 27.8061
March 28.1600 27.8439 28.0437
April 28.4103 27.7636 28.1437
May 31.2048 27.7353 30.0455
June 31.2434 30.0226 30.8665
July 30.4822 30.0681 30.2807
August 30.0654 27.8762 28.9136
September 28.4503 26.5414 27.5341
October 27.9075 26.3830 27.0362
November 26.9247 26.4251 26.5937
December 27.5168 26.5469 26.9780