2016 SYP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SYP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SYP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 6.5053. Conversely, the yearly low was recorded on April 25, dropping to 5.2996.
This high-to-low spread represents a total annual volatility of 1.2057 MMK. From a start-to-finish perspective, comparing the January average rate of 5.9064 to the December average rate of 6.3211, the exchange rate registered a net change of 7.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 6.5053 was down 5.41% compared to the 2015 peak of 6.8771, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SYP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SYP 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 5.5445, compared to 5.8469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3024 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was December, with a trading range of 0.3564 MMK (High: 6.5053 / Low: 6.1489). On the other end, January was the most stable month, with a tight range of 0.0711 MMK (High: 5.9462 / Low: 5.8750).
Growth Streaks & Declines
TrendsBetween May and December, 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 January and February, when the average rate fell by 0.2356 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 6.3211) against the same month in 2015 (average: 5.8836), the exchange rate shifted by +0.4375 (+7.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.9462 | 5.8750 | 5.9064 |
| February | 5.8982 | 5.5794 | 5.6708 |
| March | 5.6504 | 5.4903 | 5.5354 |
| April | 5.5394 | 5.2996 | 5.3877 |
| May | 5.4188 | 5.3070 | 5.3450 |
| June | 5.4548 | 5.3682 | 5.4218 |
| July | 5.5166 | 5.3964 | 5.4566 |
| August | 5.6504 | 5.4934 | 5.5508 |
| September | 5.8803 | 5.5845 | 5.7366 |
| October | 6.0232 | 5.8419 | 5.9495 |
| November | 6.1654 | 5.9496 | 6.0667 |
| December | 6.5053 | 6.1489 | 6.3211 |