2018 SCR to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SCR to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SCR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 119.6844. Conversely, the yearly low was recorded on March 7, dropping to 94.7038.
This high-to-low spread represents a total annual volatility of 24.9806 MMK. From a start-to-finish perspective, comparing the January average rate of 96.6957 to the December average rate of 114.5497, the exchange rate registered a net change of 18.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 119.6844 was up 14.67% compared to the 2017 peak of 104.3700, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
SCR 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 98.8743, compared to 112.9296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.0554 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 9.2300 MMK (High: 119.6844 / Low: 110.4544). On the other end, November was the most stable month, with a tight range of 2.1723 MMK (High: 117.9207 / Low: 115.7484).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.5062 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 114.8897) against the same month in 2017 (average: 99.8707), the exchange rate shifted by +15.0190 (+15.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 98.8761 | 94.7319 | 96.6957 |
| February | 100.3272 | 95.0673 | 97.9185 |
| March | 99.4233 | 94.7038 | 98.0156 |
| April | 100.2782 | 96.3229 | 98.9230 |
| May | 100.9403 | 96.0468 | 100.1012 |
| June | 104.7955 | 100.2858 | 101.5916 |
| July | 107.3398 | 103.9173 | 105.5120 |
| August | 113.7861 | 107.4044 | 110.3036 |
| September | 119.6844 | 110.4544 | 114.8897 |
| October | 118.0996 | 109.6533 | 115.2670 |
| November | 117.9207 | 115.7484 | 117.0559 |
| December | 116.5226 | 112.5819 | 114.5497 |