YEARLY HIGH
114.9283 MMK
YEARLY LOW
97.2944 MMK
YEARLY AVERAGE
105.4328 MMK

2019 ZAR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 114.9283. Conversely, the yearly low was recorded on August 25, dropping to 97.2944.

This high-to-low spread represents a total annual volatility of 17.6339 MMK. From a start-to-finish perspective, comparing the January average rate of 110.8294 to the December average rate of 104.2216, the exchange rate registered a net change of -5.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 114.9283 was down 1.22% compared to the 2018 peak of 116.3480, 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 5,746,414 MMK
2018 Average 5,451,402 MMK
Yearly Trough Low 4,864,718 MMK
Transaction Impact: A difference of 881,696.25 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

111.9279
98.7456
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 107.6018, compared to 103.2638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3379 points.

H1 Avg (Jan–Jun) 107.6018
H2 Avg (Jul–Dec) 103.2638

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 9.0160 MMK (High: 114.9283 / Low: 105.9123). On the other end, November was the most stable month, with a tight range of 2.0458 MMK (High: 103.3130 / Low: 101.2672).

January Spread (Volatile) ±9.0160
November Spread (Stable) ±2.0458

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 7.6525 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -7.6525

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 110.8294) against the same month in 2018 (average: 110.3687), the exchange rate shifted by +0.4608 (+0.42%).

2019 Avg (January) 110.8294
2018 Avg (January) 110.3687

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 114.9283 105.9123 110.8294
February 113.8271 108.3671 110.7935
March 108.2534 104.0690 105.8432
April 109.0568 105.6235 107.2438
May 108.3913 103.2506 106.2678
June 107.6874 101.6613 104.6329
July 109.4587 105.1576 107.4966
August 103.4793 97.2944 99.8442
September 104.8886 99.8692 102.8192
October 105.1682 99.4886 102.7983
November 103.3130 101.2672 102.4031
December 105.9125 101.9269 104.2216