YEARLY HIGH
1160.8087 MMK
YEARLY LOW
817.2930 MMK
YEARLY AVERAGE
973.1894 MMK

2021 BGN to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 1160.8087. Conversely, the yearly low was recorded on February 2, dropping to 817.2930.

This high-to-low spread represents a total annual volatility of 343.5157 MMK. From a start-to-finish perspective, comparing the January average rate of 828.0278 to the December average rate of 1028.6472, the exchange rate registered a net change of 24.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1160.8087 was up 35.06% compared to the 2020 peak of 859.4818, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BGN based on timing:

Yearly Peak High 5,804,043 MMK
2020 Average 4,010,491 MMK
Yearly Trough Low 4,086,465 MMK
Transaction Impact: A difference of 1,717,578.28 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1148.7824
798.8683
JanuMarcMayJulySeptNove

BGN 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 906.1879, compared to 1040.1909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 134.0030 points.

H1 Avg (Jan–Jun) 906.1879
H2 Avg (Jul–Dec) 1040.1909

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 126.0612 MMK (High: 1121.4579 / Low: 995.3967). On the other end, July was the most stable month, with a tight range of 9.6507 MMK (High: 999.6234 / Low: 989.9727).

September Spread (Volatile) ±126.0612
July Spread (Stable) ±9.6507

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 76.3933 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -76.3933

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 1119.6228) against the same month in 2020 (average: 777.5605), the exchange rate shifted by +342.0624 (+43.99%).

2021 Avg (October) 1119.6228
2020 Avg (October) 777.5605

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 833.4764 821.8693 828.0278
February 877.6791 817.2930 866.6928
March 871.4400 843.8243 857.4322
April 964.3490 845.8768 880.0128
May 1030.6030 956.2333 991.9607
June 1029.2546 997.4468 1013.0011
July 999.6234 989.9727 994.9848
August 999.2484 981.1533 990.3956
September 1121.4579 995.3967 1064.2656
October 1160.8087 1060.9630 1119.6228
November 1084.4748 1021.6353 1043.2296
December 1035.3617 1023.8348 1028.6472