YEARLY HIGH
15.2594 MMK
YEARLY LOW
10.2396 MMK
YEARLY AVERAGE
12.6917 MMK

2021 ISK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 15.2594. Conversely, the yearly low was recorded on February 2, dropping to 10.2396.

This high-to-low spread represents a total annual volatility of 5.0198 MMK. From a start-to-finish perspective, comparing the January average rate of 10.3511 to the December average rate of 13.6859, the exchange rate registered a net change of 32.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.2594 was up 24.51% compared to the 2020 peak of 12.2559, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76,297 MMK
2020 Average 50,986 MMK
Yearly Trough Low 51,198 MMK
Transaction Impact: A difference of 25,098.82 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.0546
9.9235
JanuMarcMayJulySeptNove

ISK 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 11.7046, compared to 13.6788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9741 points.

H1 Avg (Jan–Jun) 11.7046
H2 Avg (Jul–Dec) 13.6788

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 1.7512 MMK (High: 14.6116 / Low: 12.8605). On the other end, December was the most stable month, with a tight range of 0.2316 MMK (High: 13.8131 / Low: 13.5815).

September Spread (Volatile) ±1.7512
December Spread (Stable) ±0.2316

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 0.9391 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.9391

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 14.6270) against the same month in 2020 (average: 9.2946), the exchange rate shifted by +5.3324 (+57.37%).

2021 Avg (October) 14.6270
2020 Avg (October) 9.2946

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.4901 10.2494 10.3511
February 11.1794 10.2396 10.9241
March 11.2626 10.9315 11.0730
April 12.7177 11.0413 11.4327
May 13.6628 12.3656 12.9620
June 13.7368 13.3073 13.4849
July 13.3597 13.0312 13.2338
August 13.3122 12.8504 13.0482
September 14.6116 12.8605 13.7897
October 15.2594 13.8379 14.6270
November 14.1075 13.3169 13.6880
December 13.8131 13.5815 13.6859