2018 ZAR to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ZAR to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ZAR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 116.3480. Conversely, the yearly low was recorded on June 19, dropping to 99.8210.
This high-to-low spread represents a total annual volatility of 16.5270 MMK. From a start-to-finish perspective, comparing the January average rate of 110.3687 to the December average rate of 109.6492, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 116.3480 was up 5.33% compared to the 2017 peak of 110.4615, 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 2018.
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 109.5398, compared to 108.5625 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9774 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was September, with a trading range of 13.5080 MMK (High: 113.5988 / Low: 100.0908). On the other end, March was the most stable month, with a tight range of 3.6333 MMK (High: 114.6590 / Low: 111.0257).
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 May and June, when the average rate fell by 4.4932 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 113.4429) against the same month in 2017 (average: 96.1564), the exchange rate shifted by +17.2865 (+17.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 112.7075 | 108.3869 | 110.3687 |
| February | 116.2700 | 109.4891 | 112.7971 |
| March | 114.6590 | 111.0257 | 112.8979 |
| April | 112.9233 | 107.1453 | 110.1455 |
| May | 109.9843 | 105.8408 | 107.7615 |
| June | 107.7812 | 99.8210 | 103.2683 |
| July | 110.6447 | 101.6775 | 106.7976 |
| August | 110.4657 | 102.2865 | 106.7451 |
| September | 113.5988 | 100.0908 | 106.5423 |
| October | 112.8000 | 102.5646 | 108.1976 |
| November | 116.3480 | 110.0162 | 113.4429 |
| December | 115.7525 | 106.9537 | 109.6492 |