2018 MVR to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MVR to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MVR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 105.5373. Conversely, the yearly low was recorded on April 8, dropping to 85.4543.
This high-to-low spread represents a total annual volatility of 20.0829 MMK. From a start-to-finish perspective, comparing the January average rate of 87.3310 to the December average rate of 101.3542, the exchange rate registered a net change of 16.06% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 105.5373 was up 9.52% compared to the 2017 peak of 96.3649, 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 2018.
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 87.0974, compared to 99.6893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.5919 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 7.3357 MMK (High: 105.5373 / Low: 98.2016). On the other end, March was the most stable month, with a tight range of 0.5996 MMK (High: 86.9051 / Low: 86.3056).
Growth Streaks & Declines
TrendsBetween April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.0457 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 101.6868) against the same month in 2017 (average: 88.2980), the exchange rate shifted by +13.3888 (+15.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 88.0253 | 86.4448 | 87.3310 |
| February | 86.8240 | 85.5691 | 86.3530 |
| March | 86.9051 | 86.3056 | 86.5473 |
| April | 87.3125 | 85.4543 | 86.3924 |
| May | 87.5517 | 86.1811 | 87.1011 |
| June | 92.0809 | 87.1514 | 88.8599 |
| July | 94.6036 | 91.2914 | 92.6440 |
| August | 100.1587 | 94.6390 | 97.1151 |
| September | 105.5373 | 98.2016 | 101.6868 |
| October | 104.2561 | 98.8448 | 101.9359 |
| November | 104.0901 | 102.1881 | 103.3999 |
| December | 102.8839 | 99.9544 | 101.3542 |