2018 SRD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SRD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SRD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 218.0657. Conversely, the yearly low was recorded on April 18, dropping to 176.6515.
This high-to-low spread represents a total annual volatility of 41.4141 MMK. From a start-to-finish perspective, comparing the January average rate of 180.2982 to the December average rate of 210.0292, the exchange rate registered a net change of 16.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 218.0657 was up 18.09% compared to the 2017 peak of 184.6634, 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 2018.
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 180.1565, compared to 206.3634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.2069 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 14.4995 MMK (High: 218.0657 / Low: 203.5661). On the other end, March was the most stable month, with a tight range of 1.0928 MMK (High: 179.7598 / Low: 178.6670).
Growth Streaks & Declines
TrendsBetween April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 4.2345 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 210.2818) against the same month in 2017 (average: 182.9888), the exchange rate shifted by +27.2931 (+14.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 181.7645 | 178.2619 | 180.2982 |
| February | 179.7402 | 177.1425 | 178.4888 |
| March | 179.7598 | 178.6670 | 179.0451 |
| April | 180.6373 | 176.6515 | 178.4781 |
| May | 181.8291 | 178.8712 | 180.8327 |
| June | 190.0048 | 180.8851 | 183.7960 |
| July | 195.4747 | 188.4092 | 191.6626 |
| August | 207.6232 | 195.5473 | 201.0086 |
| September | 218.0657 | 203.5661 | 210.2818 |
| October | 215.9777 | 204.1703 | 210.9345 |
| November | 215.6338 | 211.6935 | 214.2637 |
| December | 213.1349 | 207.0662 | 210.0292 |