2021 MMK to AFN Historical Review

YEARLY HIGH

0.0663 AFN

YEARLY LOW

0.0459 AFN

YEARLY AVERAGE

0.0520 AFN

2021 MMK to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0663. Conversely, the yearly low was recorded on October 6, dropping to 0.0459.

This high-to-low spread represents a total annual volatility of 0.0204 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0581 to the December average rate of 0.0572, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0663 was up 10.19% compared to the 2020 peak of 0.0601, 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 331 AFN

2020 Average 280 AFN

Yearly Trough Low 229 AFN

Transaction Impact: A difference of 101.89 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0591

0.0467

JanuMarcMayJulySeptNove

MMK to AFN 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 0.0531, compared to 0.0509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0531

H2 Avg (Jul–Dec) 0.0509

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0126 AFN (High: 0.0663 / Low: 0.0536). On the other end, March was the most stable month, with a tight range of 0.0006 AFN (High: 0.0554 / Low: 0.0548).

December Spread (Volatile) ±0.0126

March Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0053 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0572) against the same month in 2020 (average: 0.0577), the exchange rate shifted by -0.0004 (-0.71%).

2021 Avg (December) 0.0572

2020 Avg (December) 0.0577

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0588	0.0577	0.0581
February	0.0582	0.0547	0.0552
March	0.0554	0.0548	0.0549
April	0.0556	0.0498	0.0541
May	0.0503	0.0470	0.0487
June	0.0483	0.0477	0.0478
July	0.0498	0.0481	0.0486
August	0.0524	0.0485	0.0505
September	0.0540	0.0459	0.0492
October	0.0506	0.0459	0.0477
November	0.0537	0.0499	0.0519
December	0.0663	0.0536	0.0572