2021 NOK to MMK Historical Review

YEARLY HIGH

229.7938 MMK

YEARLY LOW

153.4259 MMK

YEARLY AVERAGE

187.3659 MMK

2021 NOK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 229.7938. Conversely, the yearly low was recorded on January 27, dropping to 153.4259.

This high-to-low spread represents a total annual volatility of 76.3680 MMK. From a start-to-finish perspective, comparing the January average rate of 156.1396 to the December average rate of 198.4627, the exchange rate registered a net change of 27.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 229.7938 was up 35.91% compared to the 2020 peak of 169.0727, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,148,969 MMK

2020 Average 732,537 MMK

Yearly Trough Low 767,129 MMK

Transaction Impact: A difference of 381,839.85 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

229.7108

149.4513

JanuMarcMayJulySeptNove

NOK 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 174.1994, compared to 200.5324 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.3330 points.

H1 Avg (Jan–Jun) 174.1994

H2 Avg (Jul–Dec) 200.5324

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 29.4752 MMK (High: 218.4177 / Low: 188.9425). On the other end, March was the most stable month, with a tight range of 4.9678 MMK (High: 167.7810 / Low: 162.8132).

September Spread (Volatile) ±29.4752

March Spread (Stable) ±4.9678

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 18.8740 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -18.8740

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 223.0225) against the same month in 2020 (average: 139.0347), the exchange rate shifted by +83.9878 (+60.41%).

2021 Avg (October) 223.0225

2020 Avg (October) 139.0347

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	158.4150	153.4259	156.1396
February	168.3499	154.2403	164.7294
March	167.7810	162.8132	165.3430
April	190.5054	164.7917	171.4883
May	199.9089	186.3507	192.2625
June	199.1297	189.8133	195.2338
July	192.1852	182.8307	187.5897
August	189.7870	181.9524	185.9030
September	218.4177	188.9425	204.0681
October	229.7938	212.3303	223.0225
November	215.0495	197.3495	204.1485
December	202.6367	194.2504	198.4627

૨૦૨૫ NOK થી MMK ઐતિહાસિક સમીક્ષા