YEARLY HIGH
0.1835 NGN
YEARLY LOW
0.1605 NGN
YEARLY AVERAGE
0.1710 NGN

2013 MMK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the MMK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 0.1835. Conversely, the yearly low was recorded on November 30, dropping to 0.1605.

This high-to-low spread represents a total annual volatility of 0.0230 NGN. From a start-to-finish perspective, comparing the January average rate of 0.1829 to the December average rate of 0.1617, the exchange rate registered a net change of -11.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.1835 was down 99.27% compared to the 2012 peak of 25.1794, 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 917 NGN
2012 Average 32,431 NGN
Yearly Trough Low 802 NGN
Transaction Impact: A difference of 114.97 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.1852
0.1596
JanuMarcMayJulySeptNove

MMK to NGN 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 0.1778, compared to 0.1643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 0.1778
H2 Avg (Jul–Dec) 0.1643

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0114 NGN (High: 0.1776 / Low: 0.1662). On the other end, February was the most stable month, with a tight range of 0.0010 NGN (High: 0.1834 / Low: 0.1824).

May Spread (Volatile) ±0.0114
February Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0073 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.1829) against the same month in 2012 (average: 24.8712), the exchange rate shifted by -24.6882 (-99.26%).

2013 Avg (January) 0.1829
2012 Avg (January) 24.8712

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1835 0.1823 0.1829
February 0.1834 0.1824 0.1830
March 0.1832 0.1791 0.1811
April 0.1804 0.1778 0.1792
May 0.1776 0.1662 0.1719
June 0.1717 0.1663 0.1684
July 0.1663 0.1635 0.1644
August 0.1680 0.1638 0.1656
September 0.1691 0.1644 0.1668
October 0.1664 0.1630 0.1646
November 0.1642 0.1605 0.1629
December 0.1630 0.1605 0.1617