YEARLY HIGH
1065.9353 MMK
YEARLY LOW
950.2229 MMK
YEARLY AVERAGE
1003.1232 MMK

2019 NZD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NZD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 1065.9353. Conversely, the yearly low was recorded on August 25, dropping to 950.2229.

This high-to-low spread represents a total annual volatility of 115.7124 MMK. From a start-to-finish perspective, comparing the January average rate of 1039.3621 to the December average rate of 989.8237, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1065.9353 was down 3.29% compared to the 2018 peak of 1102.1866, 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 5,329,677 MMK
2018 Average 4,981,142 MMK
Yearly Trough Low 4,751,115 MMK
Transaction Impact: A difference of 578,561.84 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1052.7872
961.4568
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 1025.7993, compared to 980.4471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 45.3522 points.

H1 Avg (Jan–Jun) 1025.7993
H2 Avg (Jul–Dec) 980.4471

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 43.2912 MMK (High: 993.5141 / Low: 950.2229). On the other end, April was the most stable month, with a tight range of 19.4730 MMK (High: 1028.1112 / Low: 1008.6383).

August Spread (Volatile) ±43.2912
April Spread (Stable) ±19.4730

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 34.4683 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -34.4683

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 1041.0733) against the same month in 2018 (average: 969.7298), the exchange rate shifted by +71.3435 (+7.36%).

2019 Avg (March) 1041.0733
2018 Avg (March) 969.7298

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1054.0312 1024.6434 1039.3621
February 1057.6367 1030.5608 1045.1763
March 1065.9353 1026.0547 1041.0733
April 1028.1112 1008.6383 1018.1295
May 1012.8235 993.2276 1005.0145
June 1019.2752 991.2710 1006.0399
July 1027.9704 988.1707 1009.3696
August 993.5141 950.2229 974.9013
September 984.7830 957.2291 969.1027
October 985.4304 953.5971 970.4174
November 979.3707 959.7253 969.0677
December 1002.0294 967.6888 989.8237