2018 NZD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NZD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NZD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 1102.1866. Conversely, the yearly low was recorded on May 15, dropping to 926.0886.
This high-to-low spread represents a total annual volatility of 176.0980 MMK. From a start-to-finish perspective, comparing the January average rate of 975.7501 to the December average rate of 1065.9668, the exchange rate registered a net change of 9.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 1102.1866 was up 7.28% compared to the 2017 peak of 1027.3950, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 962.4501, compared to 1029.9074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 67.4573 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 84.1319 MMK (High: 1087.2036 / Low: 1003.0716). On the other end, June was the most stable month, with a tight range of 16.7833 MMK (High: 959.7397 / Low: 942.9564).
Growth Streaks & Declines
TrendsBetween May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 25.9525 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 1082.6934) against the same month in 2017 (average: 932.9782), the exchange rate shifted by +149.7152 (+16.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 992.1851 | 957.7421 | 975.7501 |
| February | 984.9435 | 961.4058 | 973.6097 |
| March | 979.7485 | 960.1569 | 969.7298 |
| April | 981.5359 | 941.9141 | 964.7480 |
| May | 949.6951 | 926.0886 | 938.7955 |
| June | 959.7397 | 942.9564 | 952.0676 |
| July | 992.8000 | 944.1201 | 970.5831 |
| August | 1039.2927 | 967.3407 | 998.9790 |
| September | 1087.2036 | 1003.0716 | 1034.8085 |
| October | 1053.0423 | 981.8923 | 1026.4138 |
| November | 1102.1866 | 1062.2232 | 1082.6934 |
| December | 1098.6153 | 1036.0456 | 1065.9668 |