YEARLY HIGH
1448.9401 MMK
YEARLY LOW
996.3544 MMK
YEARLY AVERAGE
1198.8118 MMK

2021 BND to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 1448.9401. Conversely, the yearly low was recorded on February 2, dropping to 996.3544.

This high-to-low spread represents a total annual volatility of 452.5857 MMK. From a start-to-finish perspective, comparing the January average rate of 1002.8657 to the December average rate of 1306.0233, the exchange rate registered a net change of 30.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1448.9401 was up 31.64% compared to the 2020 peak of 1100.6930, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,244,701 MMK
2020 Average 4,987,640 MMK
Yearly Trough Low 4,981,772 MMK
Transaction Impact: A difference of 2,262,928.44 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1437.2442
963.3768
JanuMarcMayJulySeptNove

BND 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 1103.8068, compared to 1293.8168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 190.0100 points.

H1 Avg (Jan–Jun) 1103.8068
H2 Avg (Jul–Dec) 1293.8168

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 161.5032 MMK (High: 1383.6912 / Low: 1222.1880). On the other end, January was the most stable month, with a tight range of 9.6224 MMK (High: 1008.1999 / Low: 998.5775).

September Spread (Volatile) ±161.5032
January Spread (Stable) ±9.6224

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 80.4763 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -80.4763

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 1397.7552) against the same month in 2020 (average: 950.5103), the exchange rate shifted by +447.2449 (+47.05%).

2021 Avg (October) 1397.7552
2020 Avg (October) 950.5103

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1008.1999 998.5775 1002.8657
February 1069.5853 996.3544 1055.5684
March 1059.5301 1045.7095 1050.4557
April 1175.0410 1047.1227 1077.8822
May 1244.7403 1166.2397 1201.5300
June 1244.3969 1222.3717 1234.5390
July 1225.7405 1203.2943 1215.3407
August 1225.0088 1207.5272 1214.7841
September 1383.6912 1222.1880 1311.7187
October 1448.9401 1332.5881 1397.7552
November 1358.3094 1300.6248 1317.2789
December 1317.2131 1300.0402 1306.0233