YEARLY HIGH
0.0047 DKK
YEARLY LOW
0.0033 DKK
YEARLY AVERAGE
0.0039 DKK

2021 MMK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0047. Conversely, the yearly low was recorded on October 7, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0014 DKK. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0037, the exchange rate registered a net change of -19.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0047 was down 6.32% compared to the 2020 peak of 0.0050, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23 DKK
2020 Average 24 DKK
Yearly Trough Low 16 DKK
Transaction Impact: A difference of 6.90 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0047
0.0033
JanuMarcMayJulySeptNove

MMK to DKK 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 0.0042, compared to 0.0037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0042
H2 Avg (Jul–Dec) 0.0037

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0006 DKK (High: 0.0045 / Low: 0.0039). On the other end, July was the most stable month, with a tight range of 0.0000 DKK (High: 0.0038 / Low: 0.0038).

April Spread (Volatile) ±0.0006
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0044) against the same month in 2020 (average: 0.0047), the exchange rate shifted by -0.0003 (-6.98%).

2021 Avg (February) 0.0044
2020 Avg (February) 0.0047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0046 0.0046 0.0046
February 0.0047 0.0043 0.0044
March 0.0045 0.0044 0.0044
April 0.0045 0.0039 0.0043
May 0.0040 0.0037 0.0038
June 0.0038 0.0037 0.0038
July 0.0038 0.0038 0.0038
August 0.0039 0.0038 0.0038
September 0.0038 0.0034 0.0036
October 0.0036 0.0033 0.0034
November 0.0037 0.0035 0.0036
December 0.0037 0.0037 0.0037