YEARLY HIGH
960.6355 MMK
YEARLY LOW
788.7887 MMK
YEARLY AVERAGE
861.1869 MMK

2016 NZD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NZD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 960.6355. Conversely, the yearly low was recorded on May 9, dropping to 788.7887.

This high-to-low spread represents a total annual volatility of 171.8468 MMK. From a start-to-finish perspective, comparing the January average rate of 850.6260 to the December average rate of 948.0393, the exchange rate registered a net change of 11.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 960.6355 was up 6.60% compared to the 2015 peak of 901.1489, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,803,177 MMK
2015 Average 3,872,550 MMK
Yearly Trough Low 3,943,943 MMK
Transaction Impact: A difference of 859,233.87 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

963.1473
781.8516
JanuMarcMayJulySeptNove

NZD 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 824.4358, compared to 897.9380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 73.5022 points.

H1 Avg (Jan–Jun) 824.4358
H2 Avg (Jul–Dec) 897.9380

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 65.0964 MMK (High: 895.9646 / Low: 830.8682). On the other end, December was the most stable month, with a tight range of 27.6373 MMK (High: 960.6355 / Low: 932.9982).

January Spread (Volatile) ±65.0964
December Spread (Stable) ±27.6373

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 23.4624 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -23.4624

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 948.0393) against the same month in 2015 (average: 876.9605), the exchange rate shifted by +71.0788 (+8.11%).

2016 Avg (December) 948.0393
2015 Avg (December) 876.9605

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 895.9646 830.8682 850.6260
February 856.1009 810.6223 827.1635
March 838.4109 801.0013 820.7371
April 838.5865 798.1736 814.8226
May 819.7413 788.7887 796.9596
June 861.4319 809.4886 836.3057
July 858.4096 823.7225 841.4977
August 880.6242 845.5856 862.0157
September 919.7763 875.7915 897.6872
October 923.5475 880.0588 911.6940
November 946.6439 910.4017 926.6940
December 960.6355 932.9982 948.0393