2011 MMK to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 MMK to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the MMK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 25.4164. Conversely, the yearly low was recorded on July 3, dropping to 23.0923.
This high-to-low spread represents a total annual volatility of 2.3241 NGN. From a start-to-finish perspective, comparing the January average rate of 23.4398 to the December average rate of 25.0761, the exchange rate registered a net change of 6.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 25.4164 was up 6.75% compared to the 2010 peak of 23.8095, 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 NGN 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 23.7354, compared to 24.3130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5776 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was August, with a trading range of 1.0793 NGN (High: 24.2381 / Low: 23.1588). On the other end, February was the most stable month, with a tight range of 0.2702 NGN (High: 23.6665 / Low: 23.3963).
Growth Streaks & Declines
TrendsBetween July and October, 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 June and July, when the average rate fell by 0.4620 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 25.0761) against the same month in 2010 (average: 23.4445), the exchange rate shifted by +1.6317 (+6.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.6636 | 23.3451 | 23.4398 |
| February | 23.6665 | 23.3963 | 23.4878 |
| March | 24.1353 | 23.5717 | 23.8247 |
| April | 23.8597 | 23.5503 | 23.7537 |
| May | 24.2184 | 23.7248 | 23.9809 |
| June | 24.0858 | 23.3897 | 23.9254 |
| July | 23.8335 | 23.0923 | 23.4634 |
| August | 24.2381 | 23.1588 | 23.7610 |
| September | 24.7984 | 23.7723 | 24.2471 |
| October | 25.2755 | 24.3287 | 24.7483 |
| November | 24.9067 | 24.1517 | 24.5820 |
| December | 25.4164 | 24.7885 | 25.0761 |