2019 MMK to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MMK to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MMK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 168.3889. Conversely, the yearly low was recorded on February 13, dropping to 160.2383.
This high-to-low spread represents a total annual volatility of 8.1507 VEF. From a start-to-finish perspective, comparing the January average rate of 162.1163 to the December average rate of 165.7056, the exchange rate registered a net change of 2.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 168.3889 was up 2.43% compared to the 2018 peak of 164.3883, 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 2019.
MMK to VEF 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 162.8185, compared to 163.8249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0064 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 4.2549 VEF (High: 168.3889 / Low: 164.1340). On the other end, October was the most stable month, with a tight range of 1.5561 VEF (High: 163.4639 / Low: 161.9078).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 1.5423 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 165.7056) against the same month in 2018 (average: 158.6473), the exchange rate shifted by +7.0583 (+4.45%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 164.4447 | 160.8093 | 162.1163 |
| February | 164.2467 | 160.2383 | 162.4845 |
| March | 164.2459 | 161.2195 | 163.1356 |
| April | 165.1833 | 161.9060 | 163.8253 |
| May | 163.7592 | 161.2045 | 162.2831 |
| June | 164.0462 | 162.3002 | 163.0662 |
| July | 165.1636 | 163.4093 | 164.3656 |
| August | 166.3356 | 163.0717 | 163.9855 |
| September | 164.4562 | 161.8492 | 162.5290 |
| October | 163.4639 | 161.9078 | 162.3640 |
| November | 165.1614 | 163.2652 | 163.9995 |
| December | 168.3889 | 164.1340 | 165.7056 |