2016 SRD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SRD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SRD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 328.0426. Conversely, the yearly low was recorded on September 24, dropping to 160.3121.
This high-to-low spread represents a total annual volatility of 167.7304 MMK. From a start-to-finish perspective, comparing the January average rate of 325.4714 to the December average rate of 183.2792, the exchange rate registered a net change of -43.69% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 328.0426 was down 17.53% compared to the 2015 peak of 397.7915, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SRD 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 256.5307, compared to 172.7866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 83.7441 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was April, with a trading range of 34.9277 MMK (High: 238.6306 / Low: 203.7029). On the other end, July was the most stable month, with a tight range of 3.1667 MMK (High: 168.4321 / Low: 165.2655).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 82.0881 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 325.4714) against the same month in 2015 (average: 312.0382), the exchange rate shifted by +13.4332 (+4.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 328.0426 | 323.6907 | 325.4714 |
| February | 324.8403 | 307.0946 | 312.2524 |
| March | 311.1140 | 302.2329 | 304.8340 |
| April | 238.6306 | 203.7029 | 222.7459 |
| May | 209.9708 | 182.5525 | 201.8246 |
| June | 184.7881 | 167.3218 | 172.0561 |
| July | 168.4321 | 165.2655 | 166.9097 |
| August | 167.9222 | 164.1372 | 166.0260 |
| September | 167.2189 | 160.3121 | 163.9420 |
| October | 188.3877 | 163.3843 | 176.5921 |
| November | 185.4665 | 177.3149 | 179.9704 |
| December | 187.6663 | 179.5057 | 183.2792 |