YEARLY HIGH
131.3145 MMK
YEARLY LOW
86.0240 MMK
YEARLY AVERAGE
109.0681 MMK

2021 ZAR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 131.3145. Conversely, the yearly low was recorded on January 7, dropping to 86.0240.

This high-to-low spread represents a total annual volatility of 45.2905 MMK. From a start-to-finish perspective, comparing the January average rate of 88.0332 to the December average rate of 112.1358, the exchange rate registered a net change of 27.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 131.3145 was up 24.00% compared to the 2020 peak of 105.8976, 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 6,565,724 MMK
2020 Average 4,204,205 MMK
Yearly Trough Low 4,301,198 MMK
Transaction Impact: A difference of 2,264,525.77 MMK purely based on transaction execution date.

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130.8483
84.1409
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 101.4634, compared to 116.6727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.2093 points.

H1 Avg (Jan–Jun) 101.4634
H2 Avg (Jul–Dec) 116.6727

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 15.3824 MMK (High: 129.3537 / Low: 113.9712). On the other end, December was the most stable month, with a tight range of 3.9304 MMK (High: 114.4944 / Low: 110.5640).

September Spread (Volatile) Âą15.3824
December Spread (Stable) Âą3.9304

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 11.9295 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -11.9295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 126.9560) against the same month in 2020 (average: 78.6212), the exchange rate shifted by +48.3348 (+61.48%).

2021 Avg (October) 126.9560
2020 Avg (October) 78.6212

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Month High Low Average
January 91.0694 86.0240 88.0332
February 97.6344 88.1045 94.8988
March 96.2767 90.8051 94.0861
April 109.4351 96.0651 99.7869
May 119.9627 107.4162 113.6984
June 122.5938 114.7018 118.2770
July 115.8861 110.8135 113.4490
August 114.9567 107.2739 111.2918
September 129.3537 113.9712 121.1772
October 131.3145 117.7578 126.9560
November 121.5808 110.0468 115.0265
December 114.4944 110.5640 112.1358