YEARLY HIGH
181.4971 MMK
YEARLY LOW
163.1546 MMK
YEARLY AVERAGE
173.0713 MMK

2019 NOK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 181.4971. Conversely, the yearly low was recorded on November 30, dropping to 163.1546.

This high-to-low spread represents a total annual volatility of 18.3425 MMK. From a start-to-finish perspective, comparing the January average rate of 179.2400 to the December average rate of 166.3323, the exchange rate registered a net change of -7.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 181.4971 was down 9.13% compared to the 2018 peak of 199.7315, 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 907,486 MMK
2018 Average 885,168 MMK
Yearly Trough Low 815,773 MMK
Transaction Impact: A difference of 91,712.43 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

180.5933
164.3538
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 177.2405, compared to 168.9021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.3385 points.

H1 Avg (Jan–Jun) 177.2405
H2 Avg (Jul–Dec) 168.9021

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 8.5142 MMK (High: 181.4616 / Low: 172.9473). On the other end, February was the most stable month, with a tight range of 2.8452 MMK (High: 179.5705 / Low: 176.7253).

March Spread (Volatile) ±8.5142
February Spread (Stable) ±2.8452

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 6.4366 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -6.4366

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 179.2400) against the same month in 2018 (average: 170.1549), the exchange rate shifted by +9.0851 (+5.34%).

2019 Avg (January) 179.2400
2018 Avg (January) 170.1549

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 181.4971 175.8601 179.2400
February 179.5705 176.7253 178.1632
March 181.4616 172.9473 177.0965
April 179.4628 174.7947 177.0479
May 176.9414 173.2801 175.2227
June 179.2032 173.7452 176.6731
July 177.4515 170.2506 175.4585
August 170.3410 166.0656 169.0219
September 171.8311 166.9740 169.5639
October 168.6991 165.6527 167.3288
November 167.4008 163.1546 165.7071
December 168.6659 163.3779 166.3323