2021 AFN to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 AFN to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the AFN to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 21.7977. Conversely, the yearly low was recorded on December 15, dropping to 15.0935.
This high-to-low spread represents a total annual volatility of 6.7042 MMK. From a start-to-finish perspective, comparing the January average rate of 17.2089 to the December average rate of 17.5127, the exchange rate registered a net change of 1.77% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 21.7977 was up 13.74% compared to the 2020 peak of 19.1637, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
AFN 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 18.9168, compared to 19.7582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8414 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 3.5498 MMK (High: 18.6433 / Low: 15.0935). On the other end, March was the most stable month, with a tight range of 0.2041 MMK (High: 18.2617 / Low: 18.0576).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.7798 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 20.9607) against the same month in 2020 (average: 16.8123), the exchange rate shifted by +4.1484 (+24.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.3393 | 17.0089 | 17.2089 |
| February | 18.2944 | 17.1800 | 18.1222 |
| March | 18.2617 | 18.0576 | 18.1991 |
| April | 20.0776 | 17.9729 | 18.5192 |
| May | 21.2577 | 19.8670 | 20.5310 |
| June | 20.9855 | 20.7066 | 20.9204 |
| July | 20.7732 | 20.0911 | 20.5722 |
| August | 20.6273 | 19.0775 | 19.8210 |
| September | 21.7721 | 18.5295 | 20.3902 |
| October | 21.7977 | 19.7780 | 20.9607 |
| November | 20.0315 | 18.6169 | 19.2925 |
| December | 18.6433 | 15.0935 | 17.5127 |