YEARLY HIGH
100.8076 MMK
YEARLY LOW
74.6396 MMK
YEARLY AVERAGE
84.3229 MMK

2016 ZAR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 100.8076. Conversely, the yearly low was recorded on May 18, dropping to 74.6396.

This high-to-low spread represents a total annual volatility of 26.1680 MMK. From a start-to-finish perspective, comparing the January average rate of 79.8676 to the December average rate of 97.3595, the exchange rate registered a net change of 21.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 100.8076 was up 8.15% compared to the 2015 peak of 93.2091, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 5,040,382 MMK
2015 Average 4,347,575 MMK
Yearly Trough Low 3,731,980 MMK
Transaction Impact: A difference of 1,308,402.14 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

99.4270
74.6170
JanuMarcMayJulySeptNove

ZAR 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 79.0611, compared to 89.5846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.5235 points.

H1 Avg (Jan–Jun) 79.0611
H2 Avg (Jul–Dec) 89.5846

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 9.3077 MMK (High: 92.1925 / Low: 82.8849). On the other end, April was the most stable month, with a tight range of 4.4887 MMK (High: 82.6226 / Low: 78.1339).

September Spread (Volatile) ±9.3077
April Spread (Stable) ±4.4887

Growth Streaks & Declines

Trends

Between 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 April and May, when the average rate fell by 4.2806 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -4.2806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 97.3595) against the same month in 2015 (average: 86.2967), the exchange rate shifted by +11.0628 (+12.82%).

2016 Avg (December) 97.3595
2015 Avg (December) 86.2967

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 84.5435 76.9923 79.8676
February 81.4688 76.8459 78.8963
March 81.6801 76.6018 79.2068
April 82.6226 78.1339 80.9651
May 82.2701 74.6396 76.6845
June 82.6057 75.8766 78.7463
July 85.0717 79.0011 81.8775
August 89.2221 82.5094 86.6733
September 92.1925 82.8849 87.3208
October 94.7455 87.9104 91.4276
November 96.7635 89.7697 92.8492
December 100.8076 93.3414 97.3595