2021 MMK to ARS Historical Review

YEARLY HIGH

0.0661 ARS

YEARLY LOW

0.0503 ARS

YEARLY AVERAGE

0.0594 ARS

2021 MMK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0661. Conversely, the yearly low was recorded on October 7, dropping to 0.0503.

This high-to-low spread represents a total annual volatility of 0.0158 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0646 to the December average rate of 0.0572, the exchange rate registered a net change of -11.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0661 was up 4.30% compared to the 2020 peak of 0.0634, 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 330 ARS

2020 Average 258 ARS

Yearly Trough Low 252 ARS

Transaction Impact: A difference of 78.82 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0658

0.0514

JanuMarcMayJulySeptNove

MMK to ARS 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 0.0623, compared to 0.0565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0623

H2 Avg (Jul–Dec) 0.0565

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0069 ARS (High: 0.0595 / Low: 0.0526). On the other end, July was the most stable month, with a tight range of 0.0006 ARS (High: 0.0588 / Low: 0.0582).

September Spread (Volatile) ±0.0069

July 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 0.0056 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0633) against the same month in 2020 (average: 0.0422), the exchange rate shifted by +0.0211 (+49.85%).

2021 Avg (February) 0.0633

2020 Avg (February) 0.0422

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0657	0.0632	0.0646
February	0.0661	0.0624	0.0633
March	0.0653	0.0639	0.0646
April	0.0661	0.0599	0.0645
May	0.0604	0.0572	0.0589
June	0.0581	0.0575	0.0578
July	0.0588	0.0582	0.0585
August	0.0594	0.0588	0.0590
September	0.0595	0.0526	0.0557
October	0.0555	0.0503	0.0526
November	0.0568	0.0547	0.0561
December	0.0577	0.0564	0.0572