2017 PKR to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PKR to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PKR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 13.2287. Conversely, the yearly low was recorded on December 28, dropping to 12.2187.
This high-to-low spread represents a total annual volatility of 1.0100 MMK. From a start-to-finish perspective, comparing the January average rate of 12.9678 to the December average rate of 12.5020, the exchange rate registered a net change of -3.59% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 13.2287 was up 0.01% compared to the 2016 peak of 13.2271, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 PKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
PKR 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 13.0107, compared to 12.8496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1611 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was December, with a trading range of 0.7411 MMK (High: 12.9599 / Low: 12.2187). On the other end, November was the most stable month, with a tight range of 0.1753 MMK (High: 12.9791 / Low: 12.8038).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3687 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 13.0487) against the same month in 2016 (average: 11.6207), the exchange rate shifted by +1.4279 (+12.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.0820 | 12.8756 | 12.9678 |
| February | 13.1407 | 12.9109 | 13.0575 |
| March | 13.2287 | 12.9104 | 13.0487 |
| April | 13.0820 | 12.8891 | 12.9708 |
| May | 13.0884 | 12.8815 | 13.0112 |
| June | 13.1079 | 12.8765 | 13.0082 |
| July | 13.0762 | 12.7868 | 12.9608 |
| August | 12.9991 | 12.8025 | 12.9298 |
| September | 13.0292 | 12.8017 | 12.9034 |
| October | 13.0209 | 12.8298 | 12.9311 |
| November | 12.9791 | 12.8038 | 12.8706 |
| December | 12.9599 | 12.2187 | 12.5020 |