2017 ZAR to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 ZAR to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the ZAR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 110.4615. Conversely, the yearly low was recorded on November 13, dropping to 93.4554.
This high-to-low spread represents a total annual volatility of 17.0061 MMK. From a start-to-finish perspective, comparing the January average rate of 99.9214 to the December average rate of 103.9393, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 110.4615 was up 9.58% compared to the 2016 peak of 100.8076, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 103.2259, compared to 101.5855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6404 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was December, with a trading range of 11.5483 MMK (High: 110.2352 / Low: 98.6869). On the other end, June was the most stable month, with a tight range of 4.0331 MMK (High: 108.1486 / Low: 104.1156).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 4.4943 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2017: 105.7762) against the same month in 2016 (average: 79.2068), the exchange rate shifted by +26.5694 (+33.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 102.6244 | 98.0579 | 99.9214 |
| February | 106.4539 | 101.0812 | 103.8856 |
| March | 110.4615 | 101.8312 | 105.7762 |
| April | 103.9304 | 97.7096 | 101.2819 |
| May | 106.6240 | 98.8396 | 102.8633 |
| June | 108.1486 | 104.1156 | 105.6271 |
| July | 105.7560 | 99.8779 | 103.8197 |
| August | 105.2200 | 100.5036 | 102.7102 |
| September | 105.8389 | 100.3738 | 103.4526 |
| October | 102.5758 | 95.8654 | 99.4346 |
| November | 99.6059 | 93.4554 | 96.1564 |
| December | 110.2352 | 98.6869 | 103.9393 |