YEARLY HIGH
0.0061 NOK
YEARLY LOW
0.0050 NOK
YEARLY AVERAGE
0.0057 NOK

2018 MMK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MMK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 0.0061. Conversely, the yearly low was recorded on September 23, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0011 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0059 to the December average rate of 0.0055, the exchange rate registered a net change of -6.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0061 was down 4.84% compared to the 2017 peak of 0.0064, 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 31 NOK
2017 Average 30 NOK
Yearly Trough Low 25 NOK
Transaction Impact: A difference of 5.59 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0061
0.0052
JanuMarcMayJulySeptNove

MMK to NOK 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 0.0059, compared to 0.0054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0059
H2 Avg (Jul–Dec) 0.0054

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0005 NOK (High: 0.0055 / Low: 0.0050). On the other end, March was the most stable month, with a tight range of 0.0001 NOK (High: 0.0059 / Low: 0.0057).

September Spread (Volatile) ±0.0005
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.0060) against the same month in 2017 (average: 0.0062), the exchange rate shifted by -0.0002 (-3.86%).

2018 Avg (May) 0.0060
2017 Avg (May) 0.0062

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0061 0.0058 0.0059
February 0.0060 0.0057 0.0059
March 0.0059 0.0057 0.0058
April 0.0060 0.0058 0.0059
May 0.0061 0.0059 0.0060
June 0.0060 0.0058 0.0059
July 0.0058 0.0056 0.0057
August 0.0057 0.0054 0.0056
September 0.0055 0.0050 0.0053
October 0.0054 0.0051 0.0053
November 0.0054 0.0052 0.0053
December 0.0056 0.0054 0.0055