YEARLY HIGH
0.0466 MMK
YEARLY LOW
0.0313 MMK
YEARLY AVERAGE
0.0382 MMK

2021 IRR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IRR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.0466. Conversely, the yearly low was recorded on January 6, dropping to 0.0313.

This high-to-low spread represents a total annual volatility of 0.0153 MMK. From a start-to-finish perspective, comparing the January average rate of 0.0316 to the December average rate of 0.0421, the exchange rate registered a net change of 33.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0466 was up 32.14% compared to the 2020 peak of 0.0352, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IRR based on timing:

Yearly Peak High 233 MMK
2020 Average 163 MMK
Yearly Trough Low 156 MMK
Transaction Impact: A difference of 76.46 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0460
0.0303
JanuMarcMayJulySeptNove

IRR to MMK 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: JanтАУJun) was 0.0349, compared to 0.0415 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0066 points.

H1 Avg (JanтАУJun) 0.0349
H2 Avg (JulтАУDec) 0.0415

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0054 MMK (High: 0.0444 / Low: 0.0390). On the other end, June was the most stable month, with a tight range of 0.0001 MMK (High: 0.0391 / Low: 0.0391).

September Spread (Volatile) ┬▒0.0054
June Spread (Stable) ┬▒0.0001

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0024 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.0447) against the same month in 2020 (average: 0.0307), the exchange rate shifted by +0.0140 (+45.75%).

2021 Avg (October) 0.0447
2020 Avg (October) 0.0307

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Month High Low Average
January 0.0318 0.0313 0.0316
February 0.0335 0.0315 0.0333
March 0.0335 0.0334 0.0335
April 0.0370 0.0334 0.0342
May 0.0391 0.0367 0.0379
June 0.0391 0.0391 0.0391
July 0.0391 0.0390 0.0391
August 0.0392 0.0390 0.0390
September 0.0444 0.0390 0.0419
October 0.0466 0.0425 0.0447
November 0.0433 0.0419 0.0423
December 0.0424 0.0419 0.0421