2018 MZN to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MZN to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MZN to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 26.7489. Conversely, the yearly low was recorded on March 19, dropping to 21.5102.
This high-to-low spread represents a total annual volatility of 5.2386 MMK. From a start-to-finish perspective, comparing the January average rate of 22.7706 to the December average rate of 25.6774, the exchange rate registered a net change of 12.77% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 26.7489 was up 15.25% compared to the 2017 peak of 23.2089, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MZN 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 22.2826, compared to 25.5964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3138 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was July, with a trading range of 1.5967 MMK (High: 25.1216 / Low: 23.5249). On the other end, February was the most stable month, with a tight range of 0.4126 MMK (High: 22.1014 / Low: 21.6887).
Growth Streaks & Declines
TrendsBetween March and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.8934 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 25.9291) against the same month in 2017 (average: 22.1192), the exchange rate shifted by +3.8099 (+17.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.0502 | 22.1243 | 22.7706 |
| February | 22.1014 | 21.6887 | 21.8773 |
| March | 21.9420 | 21.5102 | 21.6094 |
| April | 22.5854 | 21.6581 | 21.9667 |
| May | 22.6475 | 22.1079 | 22.4364 |
| June | 23.8102 | 22.5632 | 23.0353 |
| July | 25.1216 | 23.5249 | 24.2288 |
| August | 25.9216 | 25.1168 | 25.5289 |
| September | 26.7489 | 25.3392 | 25.9291 |
| October | 26.5558 | 25.1015 | 25.9596 |
| November | 26.5086 | 25.9146 | 26.2544 |
| December | 26.1542 | 25.3110 | 25.6774 |