YEARLY HIGH
199.7315 MMK
YEARLY LOW
163.2836 MMK
YEARLY AVERAGE
177.0030 MMK

2018 NOK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 199.7315. Conversely, the yearly low was recorded on May 29, dropping to 163.2836.

This high-to-low spread represents a total annual volatility of 36.4479 MMK. From a start-to-finish perspective, comparing the January average rate of 170.1549 to the December average rate of 181.4349, the exchange rate registered a net change of 6.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 199.7315 was up 13.76% compared to the 2017 peak of 175.5762, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 998,657 MMK
2017 Average 824,007 MMK
Yearly Trough Low 816,418 MMK
Transaction Impact: A difference of 182,239.64 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

192.8336
164.4146
JanuMarcMayJulySeptNove

NOK to MMK 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 169.6891, compared to 184.3169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.6278 points.

H1 Avg (Jan–Jun) 169.6891
H2 Avg (Jul–Dec) 184.3169

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 18.8742 MMK (High: 199.7315 / Low: 180.8572). On the other end, March was the most stable month, with a tight range of 4.1945 MMK (High: 173.9224 / Low: 169.7279).

September Spread (Volatile) ±18.8742
March Spread (Stable) ±4.1945

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 7.1161 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -7.1161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 190.0053) against the same month in 2017 (average: 173.7882), the exchange rate shifted by +16.2171 (+9.33%).

2018 Avg (September) 190.0053
2017 Avg (September) 173.7882

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 173.4760 164.8886 170.1549
February 174.1884 167.0289 170.1296
March 173.9224 169.7279 172.1280
April 171.6964 166.9230 169.8900
May 168.6715 163.2836 166.7828
June 173.1937 165.8217 169.0496
July 178.7967 172.2481 175.7675
August 185.8776 175.6515 179.6775
September 199.7315 180.8572 190.0053
October 196.4020 184.6101 190.4653
November 192.4321 184.7061 188.5510
December 185.8135 177.0576 181.4349