YEARLY HIGH
110.4615 MMK
YEARLY LOW
93.4554 MMK
YEARLY AVERAGE
102.4057 MMK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 5,523,073 MMK
2016 Average 4,217,272 MMK
Yearly Trough Low 4,672,771 MMK
Transaction Impact: A difference of 850,302.80 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

106.7382
95.1944
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 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.

H1 Avg (Jan–Jun) 103.2259
H2 Avg (Jul–Dec) 101.5855

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±11.5483
June Spread (Stable) ±4.0331

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.4943

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (March) 105.7762
2016 Avg (March) 79.2068

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