YEARLY HIGH
378.2002 MMK
YEARLY LOW
345.2376 MMK
YEARLY AVERAGE
370.2874 MMK

2017 QAR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 378.2002. Conversely, the yearly low was recorded on November 21, dropping to 345.2376.

This high-to-low spread represents a total annual volatility of 32.9626 MMK. From a start-to-finish perspective, comparing the January average rate of 372.6837 to the December average rate of 370.2917, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 378.2002 was down 0.74% compared to the 2016 peak of 381.0145, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,891,001 MMK
2016 Average 1,696,658 MMK
Yearly Trough Low 1,726,188 MMK
Transaction Impact: A difference of 164,813.06 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

377.8487
354.0599
JanuMarcMayJulySeptNove

QAR 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 373.6887, compared to 366.8861 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.8025 points.

H1 Avg (Jan–Jun) 373.6887
H2 Avg (Jul–Dec) 366.8861

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 26.6798 MMK (High: 371.9174 / Low: 345.2376). On the other end, April was the most stable month, with a tight range of 4.9989 MMK (High: 375.8774 / Low: 370.8785).

November Spread (Volatile) ±26.6798
April Spread (Stable) ±4.9989

Growth Streaks & Declines

Trends

Between June and August, 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 October and November, when the average rate fell by 8.1301 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -8.1301

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 375.8663) against the same month in 2016 (average: 342.3123), the exchange rate shifted by +33.5540 (+9.80%).

2017 Avg (February) 375.8663
2016 Avg (February) 342.3123

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 376.2594 369.0712 372.6837
February 378.2002 371.6775 375.8663
March 376.9331 371.1096 375.2458
April 375.8774 370.8785 373.5381
May 377.3952 370.3808 374.3590
June 375.6584 360.3320 370.4389
July 376.5055 365.1606 371.5176
August 375.7364 366.5514 371.6673
September 371.7219 363.8675 367.6255
October 376.2002 356.7631 364.1724
November 371.9174 345.2376 356.0423
December 376.3198 365.9983 370.2917