YEARLY HIGH
7.7527 GNF
YEARLY LOW
4.9642 GNF
YEARLY AVERAGE
6.1973 GNF

2021 MMK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 7.7527. Conversely, the yearly low was recorded on October 6, dropping to 4.9642.

This high-to-low spread represents a total annual volatility of 2.7885 GNF. From a start-to-finish perspective, comparing the January average rate of 7.6703 to the December average rate of 5.2870, the exchange rate registered a net change of -31.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.7527 was up 1.30% compared to the 2020 peak of 7.6534, 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 38,763 GNF
2020 Average 35,038 GNF
Yearly Trough Low 24,821 GNF
Transaction Impact: A difference of 13,942.29 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.9228
4.8924
JanuMarcMayJulySeptNove

MMK to GNF 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 6.8597, compared to 5.5350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3247 points.

H1 Avg (Jan–Jun) 6.8597
H2 Avg (Jul–Dec) 5.5350

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.7450 GNF (High: 7.1023 / Low: 6.3574). On the other end, June was the most stable month, with a tight range of 0.0252 GNF (High: 5.9823 / Low: 5.9571).

April Spread (Volatile) ±0.7450
June Spread (Stable) ±0.0252

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.7581 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.7581

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 7.6703) against the same month in 2020 (average: 6.4588), the exchange rate shifted by +1.2114 (+18.76%).

2021 Avg (January) 7.6703
2020 Avg (January) 6.4588

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.7527 7.4944 7.6703
February 7.7445 7.1408 7.2616
March 7.1796 7.1073 7.1426
April 7.1023 6.3574 6.9388
May 6.3702 5.9537 6.1807
June 5.9823 5.9571 5.9640
July 5.9854 5.9306 5.9600
August 5.9621 5.9265 5.9414
September 5.9479 5.2167 5.5487
October 5.3683 4.9642 5.1449
November 5.3944 5.2322 5.3277
December 5.3633 5.2244 5.2870