2018 PEN to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PEN to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PEN to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 494.3486. Conversely, the yearly low was recorded on February 10, dropping to 406.0378.
This high-to-low spread represents a total annual volatility of 88.3108 MMK. From a start-to-finish perspective, comparing the January average rate of 418.2860 to the December average rate of 465.5698, the exchange rate registered a net change of 11.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 494.3486 was up 16.76% compared to the 2017 peak of 423.3841, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
PEN 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 414.1577, compared to 462.8663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 48.7086 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 35.0085 MMK (High: 494.3486 / Low: 459.3401). On the other end, April was the most stable month, with a tight range of 7.0894 MMK (High: 416.1662 / Low: 409.0768).
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 November and December, when the average rate fell by 8.1054 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 473.9053) against the same month in 2017 (average: 419.3031), the exchange rate shifted by +54.6021 (+13.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 422.3711 | 414.1283 | 418.2860 |
| February | 414.5531 | 406.0378 | 410.2919 |
| March | 415.0293 | 407.7495 | 411.4165 |
| April | 416.1662 | 409.0768 | 412.6394 |
| May | 415.4505 | 406.0940 | 412.6315 |
| June | 433.5988 | 414.1171 | 419.6810 |
| July | 445.5261 | 427.5742 | 436.3295 |
| August | 469.8548 | 445.5966 | 455.6168 |
| September | 494.3486 | 459.3401 | 473.9053 |
| October | 480.1115 | 456.8835 | 472.1012 |
| November | 476.9987 | 468.3065 | 473.6753 |
| December | 474.4358 | 457.0353 | 465.5698 |