YEARLY HIGH
703.8766 MMK
YEARLY LOW
587.3204 MMK
YEARLY AVERAGE
634.1999 MMK

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TOP based on timing:

Yearly Peak High 3,519,383 MMK
2017 Average 3,005,118 MMK
Yearly Trough Low 2,936,602 MMK
Transaction Impact: A difference of 582,780.88 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

706.5863
586.2928
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 599.7361
H2 Avg (Jul–Dec) 668.6637

Volatility Range Comparison

Volatility

The 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).

September Spread (Volatile) ±46.8019
March Spread (Stable) ±7.5608

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 6 Mo.
Sharpest MoM Drop -8.6682

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (September) 678.7519
2017 Avg (September) 615.1711

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