YEARLY HIGH
13.2802 MMK
YEARLY LOW
9.0343 MMK
YEARLY AVERAGE
10.6906 MMK

2021 JMD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 13.2802. Conversely, the yearly low was recorded on February 3, dropping to 9.0343.

This high-to-low spread represents a total annual volatility of 4.2459 MMK. From a start-to-finish perspective, comparing the January average rate of 9.2294 to the December average rate of 11.5328, the exchange rate registered a net change of 24.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.2802 was up 18.42% compared to the 2020 peak of 11.2149, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,401 MMK
2020 Average 48,555 MMK
Yearly Trough Low 45,171 MMK
Transaction Impact: A difference of 21,229.55 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.9031
8.8954
JanuMarcMayJulySeptNove

JMD 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 9.8962, compared to 11.4849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5888 points.

H1 Avg (Jan–Jun) 9.8962
H2 Avg (Jul–Dec) 11.4849

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 1.8241 MMK (High: 12.6919 / Low: 10.8678). On the other end, December was the most stable month, with a tight range of 0.1107 MMK (High: 11.5835 / Low: 11.4728).

September Spread (Volatile) ±1.8241
December Spread (Stable) ±0.1107

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 1.0646 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.0646

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 12.5691) against the same month in 2020 (average: 8.9461), the exchange rate shifted by +3.6230 (+40.50%).

2021 Avg (October) 12.5691
2020 Avg (October) 8.9461

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.3605 9.0766 9.2294
February 9.4810 9.0343 9.3544
March 9.7074 9.3277 9.5642
April 10.2444 9.3341 9.6213
May 11.0577 10.0973 10.6022
June 11.0955 10.9394 11.0055
July 11.0341 10.5920 10.7696
August 10.8683 10.6139 10.6958
September 12.6919 10.8678 11.8378
October 13.2802 11.6220 12.5691
November 11.8362 11.3612 11.5045
December 11.5835 11.4728 11.5328