2021 ETB to MMK Historical Review

YEARLY HIGH

42.4364 MMK

YEARLY LOW

7.8589 MMK

YEARLY AVERAGE

36.6262 MMK

2021 ETB to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 42.4364. Conversely, the yearly low was recorded on December 27, dropping to 7.8589.

This high-to-low spread represents a total annual volatility of 34.5775 MMK. From a start-to-finish perspective, comparing the January average rate of 33.7580 to the December average rate of 35.6962, the exchange rate registered a net change of 5.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 42.4364 was down 8.45% compared to the 2020 peak of 46.3524, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 212,182 MMK

2020 Average 198,062 MMK

Yearly Trough Low 39,295 MMK

Transaction Impact: A difference of 172,887.43 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

41.0430

33.0958

JanuMarcMayJulySeptNove

ETB 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 35.6017, compared to 37.6508 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0490 points.

H1 Avg (Jan–Jun) 35.6017

H2 Avg (Jul–Dec) 37.6508

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 29.5309 MMK (High: 37.3899 / Low: 7.8589). On the other end, January was the most stable month, with a tight range of 0.4893 MMK (High: 33.9696 / Low: 33.4803).

December Spread (Volatile) ±29.5309

January Spread (Stable) ±0.4893

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.7389 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.7389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 40.3807) against the same month in 2020 (average: 34.7300), the exchange rate shifted by +5.6507 (+16.27%).

2021 Avg (October) 40.3807

2020 Avg (October) 34.7300

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.9696	33.4803	33.7580
February	35.7335	33.6108	35.1751
March	35.1354	34.1524	34.8187
April	37.1855	33.6274	34.5572
May	38.5341	36.5060	37.4560
June	38.1760	37.5302	37.8453
July	37.6022	37.0929	37.3444
August	37.2870	36.0301	36.4762
September	40.4745	35.6696	38.3651
October	42.4364	37.9347	40.3807
November	38.6370	37.1135	37.6419
December	37.3899	7.8589	35.6962