2017 SBD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SBD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SBD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 178.5468. Conversely, the yearly low was recorded on November 25, dropping to 169.6600.
This high-to-low spread represents a total annual volatility of 8.8868 MMK. From a start-to-finish perspective, comparing the January average rate of 172.7229 to the December average rate of 174.6936, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 178.5468 was down 0.00% compared to the 2016 peak of 178.5485, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
SBD 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 174.0441, compared to 174.5209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4768 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 5.5711 MMK (High: 175.2311 / Low: 169.6600). On the other end, February was the most stable month, with a tight range of 2.1951 MMK (High: 176.9564 / Low: 174.7613).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 1.8983 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 175.6455) against the same month in 2016 (average: 152.4706), the exchange rate shifted by +23.1749 (+15.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 175.0505 | 169.9884 | 172.7229 |
| February | 176.9564 | 174.7613 | 175.8735 |
| March | 177.1360 | 174.0310 | 175.8316 |
| April | 176.2381 | 171.9379 | 173.9334 |
| May | 174.7981 | 170.5399 | 173.0157 |
| June | 175.0310 | 170.7065 | 172.8874 |
| July | 176.5324 | 172.1444 | 174.0893 |
| August | 178.5468 | 173.0130 | 175.6455 |
| September | 176.8640 | 172.4414 | 175.3091 |
| October | 175.6838 | 172.8888 | 174.3403 |
| November | 175.2311 | 169.6600 | 173.0476 |
| December | 176.2196 | 173.4346 | 174.6936 |