2011 MMK to JMD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 MMK to JMD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the MMK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 13.4854. Conversely, the yearly low was recorded on May 9, dropping to 13.0401.
This high-to-low spread represents a total annual volatility of 0.4453 JMD. From a start-to-finish perspective, comparing the January average rate of 13.3425 to the December average rate of 13.3142, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 13.4854 was down 3.30% compared to the 2010 peak of 13.9453, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MMK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
MMK to JMD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.2237, compared to 13.2561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0323 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was April, with a trading range of 0.2897 JMD (High: 13.3490 / Low: 13.0593). On the other end, May was the most stable month, with a tight range of 0.0512 JMD (High: 13.0913 / Low: 13.0401).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2361 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2011: 13.3095) against the same month in 2010 (average: 13.3341), the exchange rate shifted by -0.0246 (-0.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.3889 | 13.3015 | 13.3425 |
| February | 13.3838 | 13.2910 | 13.3464 |
| March | 13.3936 | 13.3116 | 13.3652 |
| April | 13.3490 | 13.0593 | 13.1291 |
| May | 13.0913 | 13.0401 | 13.0702 |
| June | 13.1285 | 13.0427 | 13.0889 |
| July | 13.2966 | 13.0608 | 13.1458 |
| August | 13.3607 | 13.1190 | 13.2191 |
| September | 13.3650 | 13.1449 | 13.2719 |
| October | 13.4124 | 13.1622 | 13.2759 |
| November | 13.4854 | 13.2048 | 13.3095 |
| December | 13.4713 | 13.2272 | 13.3142 |