2016 NAD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NAD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NAD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 100.7071. Conversely, the yearly low was recorded on May 18, dropping to 74.6854.
This high-to-low spread represents a total annual volatility of 26.0217 MMK. From a start-to-finish perspective, comparing the January average rate of 79.9078 to the December average rate of 97.3230, the exchange rate registered a net change of 21.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 100.7071 was up 8.05% compared to the 2015 peak of 93.2038, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NAD 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 79.0690, compared to 89.5953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.5262 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was September, with a trading range of 9.1164 MMK (High: 91.9534 / Low: 82.8371). On the other end, April was the most stable month, with a tight range of 4.5513 MMK (High: 82.6847 / Low: 78.1334).
Growth Streaks & Declines
TrendsBetween May and December, 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 April and May, when the average rate fell by 4.2677 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 97.3230) against the same month in 2015 (average: 86.3152), the exchange rate shifted by +11.0079 (+12.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 84.5595 | 77.0798 | 79.9078 |
| February | 81.4456 | 76.8576 | 78.9268 |
| March | 81.4905 | 76.6443 | 79.1685 |
| April | 82.6847 | 78.1334 | 80.9583 |
| May | 82.3229 | 74.6854 | 76.6906 |
| June | 82.5725 | 75.8958 | 78.7623 |
| July | 84.8929 | 79.1145 | 81.8997 |
| August | 89.2485 | 82.8170 | 86.7375 |
| September | 91.9534 | 82.8371 | 87.4091 |
| October | 94.6328 | 87.5399 | 91.3959 |
| November | 96.3787 | 89.7402 | 92.8064 |
| December | 100.7071 | 93.6328 | 97.3230 |