2021 MMK to IRR Historical Review

YEARLY HIGH

31.9808 IRR

YEARLY LOW

21.4772 IRR

YEARLY AVERAGE

26.4795 IRR

2021 MMK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 31.9808. Conversely, the yearly low was recorded on October 7, dropping to 21.4772.

This high-to-low spread represents a total annual volatility of 10.5037 IRR. From a start-to-finish perspective, comparing the January average rate of 31.6467 to the December average rate of 23.7366, the exchange rate registered a net change of -25.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 31.9808 was down 34.06% compared to the 2020 peak of 48.4972, 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 159,904 IRR

2020 Average 153,515 IRR

Yearly Trough Low 107,386 IRR

Transaction Impact: A difference of 52,518.44 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

32.5741

21.4462

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 28.8062, compared to 24.1529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.6533 points.

H1 Avg (Jan–Jun) 28.8062

H2 Avg (Jul–Dec) 24.1529

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 3.1259 IRR (High: 25.6655 / Low: 22.5397). On the other end, June was the most stable month, with a tight range of 0.0475 IRR (High: 25.6066 / Low: 25.5591).

September Spread (Volatile) ±3.1259

June Spread (Stable) ±0.0475

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 2.9235 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.9235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 31.6467) against the same month in 2020 (average: 28.6736), the exchange rate shifted by +2.9732 (+10.37%).

2021 Avg (January) 31.6467

2020 Avg (January) 28.6736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.9808	31.4778	31.6467
February	31.7282	29.8125	30.0575
March	29.9531	29.8321	29.8692
April	29.9503	27.0266	29.3035
May	27.2390	25.5666	26.3800
June	25.6066	25.5591	25.5801
July	25.6619	25.5701	25.6075
August	25.6717	25.5197	25.6217
September	25.6655	22.5397	23.9495
October	23.5395	21.4772	22.3735
November	23.8779	23.0835	23.6283
December	23.8496	23.5720	23.7366