2016 MMK to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MMK to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MMK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 18.9312. Conversely, the yearly low was recorded on December 22, dropping to 16.9529.
This high-to-low spread represents a total annual volatility of 1.9783 STD. From a start-to-finish perspective, comparing the January average rate of 17.3448 to the December average rate of 17.2485, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 18.9312 was down 15.82% compared to the 2015 peak of 22.4893, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MMK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MMK to STD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 18.0447, compared to 17.8438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2010 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 1.0504 STD (High: 18.8233 / Low: 17.7728). On the other end, January was the most stable month, with a tight range of 0.2985 STD (High: 17.4459 / Low: 17.1475).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 0.5375 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2016: 18.7750) against the same month in 2015 (average: 20.3030), the exchange rate shifted by -1.5281 (-7.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.4459 | 17.1475 | 17.3448 |
| February | 18.1352 | 17.3327 | 17.7646 |
| March | 18.3392 | 17.8887 | 18.1194 |
| April | 18.6767 | 17.7023 | 18.2409 |
| May | 18.6241 | 18.1824 | 18.4540 |
| June | 18.8233 | 17.7728 | 18.3449 |
| July | 18.9312 | 18.6009 | 18.7750 |
| August | 18.6419 | 17.8759 | 18.3265 |
| September | 18.2503 | 17.3749 | 17.7889 |
| October | 17.6987 | 17.0932 | 17.4303 |
| November | 17.7235 | 17.2026 | 17.4935 |
| December | 17.5660 | 16.9529 | 17.2485 |