YEARLY HIGH
0.0924 NPR
YEARLY LOW
0.0785 NPR
YEARLY AVERAGE
0.0871 NPR

2016 MMK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 27, valuing the pair at 0.0924. Conversely, the yearly low was recorded on December 22, dropping to 0.0785.

This high-to-low spread represents a total annual volatility of 0.0139 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0828 to the December average rate of 0.0805, the exchange rate registered a net change of -2.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0924 was down 6.43% compared to the 2015 peak of 0.0988, 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 462 NPR
2015 Average 465 NPR
Yearly Trough Low 392 NPR
Transaction Impact: A difference of 69.74 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0923
0.0794
JanuMarcMayJulySeptNove

MMK to NPR 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 0.0884, compared to 0.0859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.0884
H2 Avg (Jul–Dec) 0.0859

Volatility Range Comparison

Volatility

The most volatile month in 2016 was February, with a trading range of 0.0053 NPR (High: 0.0890 / Low: 0.0837). On the other end, November was the most stable month, with a tight range of 0.0013 NPR (High: 0.0838 / Low: 0.0825).

February Spread (Volatile) ±0.0053
November Spread (Stable) ±0.0013

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 September and October, when the average rate fell by 0.0031 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.0907) against the same month in 2015 (average: 0.0928), the exchange rate shifted by -0.0021 (-2.24%).

2016 Avg (June) 0.0907
2015 Avg (June) 0.0928

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0842 0.0810 0.0828
February 0.0890 0.0837 0.0876
March 0.0888 0.0874 0.0880
April 0.0916 0.0871 0.0899
May 0.0920 0.0905 0.0913
June 0.0924 0.0895 0.0907
July 0.0923 0.0904 0.0912
August 0.0905 0.0886 0.0897
September 0.0891 0.0846 0.0869
October 0.0853 0.0829 0.0838
November 0.0838 0.0825 0.0833
December 0.0831 0.0785 0.0805