YEARLY HIGH
0.0010 SGD
YEARLY LOW
0.0007 SGD
YEARLY AVERAGE
0.0008 SGD

2021 MMK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0010. Conversely, the yearly low was recorded on October 8, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0003 SGD. 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 -23.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0010 was down 5.56% compared to the 2020 peak of 0.0011, 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 SGD
2020 Average 5 SGD
Yearly Trough Low 3 SGD
Transaction Impact: A difference of 1.57 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0010
0.0007
JanuMarcMayJulySeptNove

MMK to SGD 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 0.0009, 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) 0.0009
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 SGD (High: 0.0010 / Low: 0.0009). On the other end, December was the most stable month, with a tight range of 0.0000 SGD (High: 0.0008 / Low: 0.0008).

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

Growth Streaks & Declines

Trends

Between October and December, 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 (February 2021: 0.0009) against the same month in 2020 (average: 0.0010), the exchange rate shifted by -0.0000 (-1.05%).

2021 Avg (February) 0.0009
2020 Avg (February) 0.0010

Monthly Breakdown

Statistical summary for each calendar month.

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