YEARLY HIGH
20.5482 MMK
YEARLY LOW
14.4638 MMK
YEARLY AVERAGE
17.1987 MMK

2021 CVE to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 20.5482. Conversely, the yearly low was recorded on February 1, dropping to 14.4638.

This high-to-low spread represents a total annual volatility of 6.0844 MMK. From a start-to-finish perspective, comparing the January average rate of 14.6266 to the December average rate of 18.1685, the exchange rate registered a net change of 24.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 20.5482 was up 35.34% compared to the 2020 peak of 15.1824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102,741 MMK
2020 Average 70,740 MMK
Yearly Trough Low 72,319 MMK
Transaction Impact: A difference of 30,422.04 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

20.3131
14.1096
JanuMarcMayJulySeptNove

CVE 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 16.0041, compared to 18.3933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3892 points.

H1 Avg (Jan–Jun) 16.0041
H2 Avg (Jul–Dec) 18.3933

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 2.1798 MMK (High: 19.8098 / Low: 17.6300). On the other end, December was the most stable month, with a tight range of 0.1754 MMK (High: 18.2696 / Low: 18.0942).

September Spread (Volatile) ±2.1798
December Spread (Stable) ±0.1754

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 1.3379 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.3379

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 19.7962) against the same month in 2020 (average: 13.7330), the exchange rate shifted by +6.0632 (+44.15%).

2021 Avg (October) 19.7962
2020 Avg (October) 13.7330

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.7385 14.5329 14.6266
February 15.4775 14.4638 15.3039
March 15.3687 14.9400 15.1439
April 17.0364 14.9477 15.5393
May 18.2075 16.8643 17.5141
June 18.2154 17.1814 17.8965
July 17.6639 17.4620 17.5667
August 17.6728 17.3706 17.5505
September 19.8098 17.6300 18.8197
October 20.5482 18.8337 19.7962
November 19.1771 18.0493 18.4583
December 18.2696 18.0942 18.1685