2021 FJD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 FJD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the FJD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 934.9724. Conversely, the yearly low was recorded on February 2, dropping to 646.3041.
This high-to-low spread represents a total annual volatility of 288.6683 MMK. From a start-to-finish perspective, comparing the January average rate of 653.4731 to the December average rate of 836.0320, the exchange rate registered a net change of 27.94% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 934.9724 was up 35.16% compared to the 2020 peak of 691.7711, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
FJD to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 720.8397, compared to 835.8205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 114.9809 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was September, with a trading range of 104.7461 MMK (High: 894.5074 / Low: 789.7613). On the other end, July was the most stable month, with a tight range of 8.5790 MMK (High: 795.2952 / Low: 786.7162).
Growth Streaks & Declines
TrendsBetween 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 51.6282 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 903.1369) against the same month in 2020 (average: 605.7279), the exchange rate shifted by +297.4091 (+49.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 660.4752 | 649.1354 | 653.4731 |
| February | 703.8333 | 646.3041 | 690.4806 |
| March | 699.3883 | 679.3279 | 689.2454 |
| April | 769.2779 | 678.1197 | 702.6799 |
| May | 812.9024 | 760.9042 | 786.3453 |
| June | 811.7244 | 795.3090 | 802.8138 |
| July | 795.2952 | 786.7162 | 790.9485 |
| August | 796.6735 | 775.1042 | 786.4710 |
| September | 894.5074 | 789.7613 | 846.8260 |
| October | 934.9724 | 863.2062 | 903.1369 |
| November | 878.6717 | 840.6821 | 851.5087 |
| December | 839.8020 | 830.5516 | 836.0320 |