YEARLY HIGH
0.0011 NZD
YEARLY LOW
0.0007 NZD
YEARLY AVERAGE
0.0009 NZD

2021 MMK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0011. Conversely, the yearly low was recorded on October 7, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0003 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0010 to the December average rate of 0.0008, the exchange rate registered a net change of -20.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0011 was down 15.34% compared to the 2020 peak of 0.0012, 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 5 NZD
2020 Average 6 NZD
Yearly Trough Low 4 NZD
Transaction Impact: A difference of 1.62 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0011
0.0007
JanuMarcMayJulySeptNove

MMK to NZD 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 0.0010, compared to 0.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0010
H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0001 NZD (High: 0.0010 / Low: 0.0009). On the other end, July was the most stable month, with a tight range of 0.0000 NZD (High: 0.0009 / Low: 0.0009).

April Spread (Volatile) ±0.0001
July Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0010) against the same month in 2020 (average: 0.0010), the exchange rate shifted by +0.0000 (+1.55%).

2021 Avg (January) 0.0010
2020 Avg (January) 0.0010

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0011 0.0010 0.0010
February 0.0011 0.0010 0.0010
March 0.0010 0.0010 0.0010
April 0.0010 0.0009 0.0010
May 0.0009 0.0008 0.0009
June 0.0009 0.0008 0.0009
July 0.0009 0.0009 0.0009
August 0.0009 0.0009 0.0009
September 0.0009 0.0008 0.0008
October 0.0008 0.0007 0.0008
November 0.0008 0.0008 0.0008
December 0.0008 0.0008 0.0008