YEARLY HIGH
0.0061 NOK
YEARLY LOW
0.0055 NOK
YEARLY AVERAGE
0.0058 NOK

2019 MMK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MMK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 0.0061. Conversely, the yearly low was recorded on January 9, dropping to 0.0055.

This high-to-low spread represents a total annual volatility of 0.0006 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0056 to the December average rate of 0.0060, the exchange rate registered a net change of 7.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0061 was up 0.08% compared to the 2018 peak of 0.0061, 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
2018 Average 28 NOK
Yearly Trough Low 28 NOK
Transaction Impact: A difference of 3.10 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0061
0.0055
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 0.0056, compared to 0.0059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0059

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0003 NOK (High: 0.0058 / Low: 0.0055). On the other end, February was the most stable month, with a tight range of 0.0001 NOK (High: 0.0057 / Low: 0.0056).

March Spread (Volatile) ±0.0003
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.0060) against the same month in 2018 (average: 0.0053), the exchange rate shifted by +0.0007 (+13.78%).

2019 Avg (November) 0.0060
2018 Avg (November) 0.0053

Monthly Breakdown

Statistical summary for each calendar month.

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