2018 SBD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SBD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SBD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 206.1492. Conversely, the yearly low was recorded on April 10, dropping to 169.7013.
This high-to-low spread represents a total annual volatility of 36.4479 MMK. From a start-to-finish perspective, comparing the January average rate of 173.1484 to the December average rate of 193.8110, the exchange rate registered a net change of 11.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 206.1492 was up 15.46% compared to the 2017 peak of 178.5468, 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 2018.
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 172.3869, compared to 193.4709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.0840 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 13.7072 MMK (High: 206.1492 / Low: 192.4420). On the other end, March was the most stable month, with a tight range of 1.2500 MMK (High: 172.5871 / Low: 171.3371).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 5.9859 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 198.7907) against the same month in 2017 (average: 175.3091), the exchange rate shifted by +23.4816 (+13.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 174.6287 | 171.4164 | 173.1484 |
| February | 173.0769 | 170.4621 | 171.8766 |
| March | 172.5871 | 171.3371 | 172.1164 |
| April | 173.3259 | 169.7013 | 171.2346 |
| May | 174.0680 | 171.0529 | 172.4665 |
| June | 177.9268 | 170.7715 | 173.4791 |
| July | 184.7927 | 176.3161 | 180.6721 |
| August | 196.2773 | 184.8614 | 190.0242 |
| September | 206.1492 | 192.4420 | 198.7907 |
| October | 201.4982 | 192.0811 | 197.7306 |
| November | 202.5294 | 196.9445 | 199.7969 |
| December | 199.0266 | 187.6408 | 193.8110 |