YEARLY HIGH
0.0134 ZAR
YEARLY LOW
0.0099 ZAR
YEARLY AVERAGE
0.0119 ZAR

2016 MMK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 0.0134. Conversely, the yearly low was recorded on December 29, dropping to 0.0099.

This high-to-low spread represents a total annual volatility of 0.0035 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0125 to the December average rate of 0.0103, the exchange rate registered a net change of -18.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0134 was up 3.16% compared to the 2015 peak of 0.0130, 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 67 ZAR
2015 Average 58 ZAR
Yearly Trough Low 50 ZAR
Transaction Impact: A difference of 17.39 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0133
0.0100
JanuMarcMayJulySeptNove

MMK to ZAR 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 0.0127, compared to 0.0112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0127
H2 Avg (Jul–Dec) 0.0112

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.0012 ZAR (High: 0.0134 / Low: 0.0122). On the other end, April was the most stable month, with a tight range of 0.0007 ZAR (High: 0.0128 / Low: 0.0121).

May Spread (Volatile) ±0.0012
April Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0130) against the same month in 2015 (average: 0.0110), the exchange rate shifted by +0.0021 (+18.67%).

2016 Avg (May) 0.0130
2015 Avg (May) 0.0110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0130 0.0118 0.0125
February 0.0130 0.0123 0.0127
March 0.0131 0.0122 0.0126
April 0.0128 0.0121 0.0124
May 0.0134 0.0122 0.0130
June 0.0132 0.0121 0.0127
July 0.0127 0.0118 0.0122
August 0.0121 0.0112 0.0115
September 0.0121 0.0108 0.0115
October 0.0114 0.0106 0.0109
November 0.0111 0.0103 0.0108
December 0.0107 0.0099 0.0103