YEARLY HIGH
0.2726 NGN
YEARLY LOW
0.2229 NGN
YEARLY AVERAGE
0.2518 NGN

2018 MMK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MMK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.2726. Conversely, the yearly low was recorded on September 22, dropping to 0.2229.

This high-to-low spread represents a total annual volatility of 0.0497 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2677 to the December average rate of 0.2324, the exchange rate registered a net change of -13.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2726 was up 1.04% compared to the 2017 peak of 0.2698, 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 1,363 NGN
2017 Average 1,226 NGN
Yearly Trough Low 1,114 NGN
Transaction Impact: A difference of 248.68 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2747
0.2232
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 0.2678, compared to 0.2358 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0319 points.

H1 Avg (Jan–Jun) 0.2678
H2 Avg (Jul–Dec) 0.2358

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0157 NGN (High: 0.2386 / Low: 0.2229). On the other end, March was the most stable month, with a tight range of 0.0017 NGN (High: 0.2701 / Low: 0.2685).

September Spread (Volatile) ±0.0157
March Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0114 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 0.2700) against the same month in 2017 (average: 0.2316), the exchange rate shifted by +0.0384 (+16.56%).

2018 Avg (April) 0.2700
2017 Avg (April) 0.2316

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2706 0.2653 0.2677
February 0.2725 0.2684 0.2704
March 0.2701 0.2685 0.2693
April 0.2726 0.2667 0.2700
May 0.2694 0.2657 0.2667
June 0.2672 0.2536 0.2625
July 0.2563 0.2474 0.2523
August 0.2477 0.2336 0.2409
September 0.2386 0.2229 0.2309
October 0.2386 0.2258 0.2310
November 0.2294 0.2257 0.2275
December 0.2359 0.2294 0.2324