2021 MMK to ETB Historical Review

YEARLY HIGH

0.1272 ETB

YEARLY LOW

0.0236 ETB

YEARLY AVERAGE

0.0276 ETB

2021 MMK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1272. Conversely, the yearly low was recorded on October 6, dropping to 0.0236.

This high-to-low spread represents a total annual volatility of 0.1037 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0296 to the December average rate of 0.0305, the exchange rate registered a net change of 3.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1272 was up 329.35% compared to the 2020 peak of 0.0296, 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 636 ETB

2020 Average 128 ETB

Yearly Trough Low 118 ETB

Transaction Impact: A difference of 518.39 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0311

0.0242

JanuMarcMayJulySeptNove

MMK to ETB 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 0.0281, compared to 0.0270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0281

H2 Avg (Jul–Dec) 0.0270

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1005 ETB (High: 0.1272 / Low: 0.0267). On the other end, July was the most stable month, with a tight range of 0.0004 ETB (High: 0.0270 / Low: 0.0266).

December Spread (Volatile) ±0.1005

July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and April, 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 0.0023 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0305) against the same month in 2020 (average: 0.0290), the exchange rate shifted by +0.0016 (+5.45%).

2021 Avg (December) 0.0305

2020 Avg (December) 0.0290

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0299	0.0294	0.0296
February	0.0298	0.0280	0.0284
March	0.0293	0.0285	0.0287
April	0.0297	0.0269	0.0290
May	0.0274	0.0260	0.0267
June	0.0266	0.0262	0.0264
July	0.0270	0.0266	0.0268
August	0.0278	0.0268	0.0274
September	0.0280	0.0247	0.0261
October	0.0264	0.0236	0.0248
November	0.0269	0.0259	0.0266
December	0.1272	0.0267	0.0305