2018 TOP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 TOP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the TOP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 703.8766. Conversely, the yearly low was recorded on May 15, dropping to 587.3204.
This high-to-low spread represents a total annual volatility of 116.5562 MMK. From a start-to-finish perspective, comparing the January average rate of 598.6544 to the December average rate of 687.8937, the exchange rate registered a net change of 14.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 703.8766 was up 12.45% compared to the 2017 peak of 625.9259, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
TOP 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 599.7361, compared to 668.6637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 68.9277 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 46.8019 MMK (High: 703.8766 / Low: 657.0747). On the other end, March was the most stable month, with a tight range of 7.5608 MMK (High: 604.0886 / Low: 596.5278).
Growth Streaks & Declines
TrendsBetween May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 8.6682 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 678.7519) against the same month in 2017 (average: 615.1711), the exchange rate shifted by +63.5808 (+10.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 603.2937 | 593.8145 | 598.6544 |
| February | 608.0813 | 596.4557 | 602.0180 |
| March | 604.0886 | 596.5278 | 601.3945 |
| April | 609.6845 | 591.6902 | 599.3828 |
| May | 608.4016 | 587.3204 | 596.3173 |
| June | 616.3581 | 593.8981 | 600.6495 |
| July | 629.3743 | 603.3270 | 617.4560 |
| August | 670.1701 | 631.1914 | 648.8195 |
| September | 703.8766 | 657.0747 | 678.7519 |
| October | 699.4773 | 661.3902 | 682.4995 |
| November | 700.3460 | 688.4620 | 696.5619 |
| December | 701.8924 | 675.1549 | 687.8937 |