2021 MKD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MKD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MKD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 36.8450. Conversely, the yearly low was recorded on February 2, dropping to 25.9421.
This high-to-low spread represents a total annual volatility of 10.9029 MMK. From a start-to-finish perspective, comparing the January average rate of 26.2764 to the December average rate of 32.6734, the exchange rate registered a net change of 24.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 36.8450 was up 35.13% compared to the 2020 peak of 27.2671, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MKD to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 28.7705, compared to 33.0287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2582 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was September, with a trading range of 4.0807 MMK (High: 35.6786 / Low: 31.5979). On the other end, December was the most stable month, with a tight range of 0.3247 MMK (High: 32.8558 / Low: 32.5311).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.4470 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 35.5590) against the same month in 2020 (average: 24.6745), the exchange rate shifted by +10.8845 (+44.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.4564 | 26.0627 | 26.2764 |
| February | 27.8656 | 25.9421 | 27.4941 |
| March | 27.6610 | 26.8157 | 27.2137 |
| April | 30.6970 | 26.8590 | 27.9437 |
| May | 32.7447 | 30.3561 | 31.5016 |
| June | 32.6556 | 31.7241 | 32.1934 |
| July | 31.8316 | 31.4205 | 31.5934 |
| August | 31.8373 | 31.2039 | 31.4354 |
| September | 35.6786 | 31.5979 | 33.7991 |
| October | 36.8450 | 33.9484 | 35.5590 |
| November | 34.4319 | 32.4200 | 33.1120 |
| December | 32.8558 | 32.5311 | 32.6734 |