2017 MVR to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MVR to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MVR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 96.3649. Conversely, the yearly low was recorded on June 11, dropping to 86.6498.
This high-to-low spread represents a total annual volatility of 9.7151 MMK. From a start-to-finish perspective, comparing the January average rate of 88.2923 to the December average rate of 88.1760, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 96.3649 was up 6.95% compared to the 2016 peak of 90.1033, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MVR to MMK 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 88.1157, compared to 88.2980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1823 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 9.0917 MMK (High: 96.3649 / Low: 87.2733). On the other end, December was the most stable month, with a tight range of 1.2986 MMK (High: 88.8917 / Low: 87.5931).
Growth Streaks & Declines
TrendsBetween June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.5836 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 88.7098) against the same month in 2016 (average: 78.5643), the exchange rate shifted by +10.1454 (+12.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 89.4912 | 87.5435 | 88.2923 |
| February | 89.1144 | 87.4527 | 88.5345 |
| March | 88.8243 | 86.8238 | 88.1631 |
| April | 88.8203 | 87.1722 | 88.0910 |
| May | 89.2775 | 87.5739 | 88.0985 |
| June | 88.5461 | 86.6498 | 87.5149 |
| July | 88.7242 | 87.2305 | 87.9967 |
| August | 96.3649 | 87.2733 | 88.7098 |
| September | 89.1091 | 87.3158 | 88.2980 |
| October | 88.9972 | 87.6613 | 88.3918 |
| November | 89.5418 | 87.8353 | 88.2157 |
| December | 88.8917 | 87.5931 | 88.1760 |