YEARLY HIGH
1786.1458 IRR
YEARLY LOW
1401.7868 IRR
YEARLY AVERAGE
1621.5249 IRR

2011 MMK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MMK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 1786.1458. Conversely, the yearly low was recorded on November 17, dropping to 1401.7868.

This high-to-low spread represents a total annual volatility of 384.3590 IRR. From a start-to-finish perspective, comparing the January average rate of 1593.6058 to the December average rate of 1669.3942, the exchange rate registered a net change of 4.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1786.1458 was up 10.20% compared to the 2010 peak of 1620.7783, 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 8,930,729 IRR
2010 Average 7,733,166 IRR
Yearly Trough Low 7,008,934 IRR
Transaction Impact: A difference of 1,921,795.16 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1689.4994
1534.4773
JanuMarcMayJulySeptNove

MMK to IRR 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 1611.8292, compared to 1631.2205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19.3913 points.

H1 Avg (Jan–Jun) 1611.8292
H2 Avg (Jul–Dec) 1631.2205

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 316.5680 IRR (High: 1724.9806 / Low: 1408.4125). On the other end, January was the most stable month, with a tight range of 8.3574 IRR (High: 1598.3242 / Low: 1589.9668).

December Spread (Volatile) ±316.5680
January Spread (Stable) ±8.3574

Growth Streaks & Declines

Trends

Between 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 98.3658 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -98.3658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 1676.5809) against the same month in 2010 (average: 1537.2470), the exchange rate shifted by +139.3339 (+9.06%).

2011 Avg (June) 1676.5809
2010 Avg (June) 1537.2470

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1598.3242 1589.9668 1593.6058
February 1593.9149 1584.6017 1590.4762
March 1599.7350 1580.7426 1587.3058
April 1613.0526 1598.8593 1603.6402
May 1631.2944 1606.7319 1619.3665
June 1786.1458 1625.6908 1676.5809
July 1650.3008 1620.9512 1632.6212
August 1653.7171 1618.1742 1636.1618
September 1675.4761 1626.6120 1655.9886
October 1672.1190 1620.9673 1645.7616
November 1693.5254 1401.7868 1547.3958
December 1724.9806 1408.4125 1669.3942