YEARLY HIGH
0.0015 FJD
YEARLY LOW
0.0011 FJD
YEARLY AVERAGE
0.0013 FJD

2021 MMK to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0015. Conversely, the yearly low was recorded on October 7, dropping to 0.0011.

This high-to-low spread represents a total annual volatility of 0.0005 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0015 to the December average rate of 0.0012, the exchange rate registered a net change of -21.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0015 was down 7.59% compared to the 2020 peak of 0.0017, 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 8 FJD
2020 Average 8 FJD
Yearly Trough Low 5 FJD
Transaction Impact: A difference of 2.39 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0016
0.0011
JanuMarcMayJulySeptNove

MMK to FJD 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 0.0014, compared to 0.0012 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0002 points.

H1 Avg (JanтАУJun) 0.0014
H2 Avg (JulтАУDec) 0.0012

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0002 FJD (High: 0.0015 / Low: 0.0013). On the other end, December was the most stable month, with a tight range of 0.0000 FJD (High: 0.0012 / Low: 0.0012).

April Spread (Volatile) ┬▒0.0002
December 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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0014) against the same month in 2020 (average: 0.0015), the exchange rate shifted by -0.0001 (-4.57%).

2021 Avg (February) 0.0014
2020 Avg (February) 0.0015

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Month High Low Average
January 0.0015 0.0015 0.0015
February 0.0015 0.0014 0.0014
March 0.0015 0.0014 0.0015
April 0.0015 0.0013 0.0014
May 0.0013 0.0012 0.0013
June 0.0013 0.0012 0.0012
July 0.0013 0.0013 0.0013
August 0.0013 0.0013 0.0013
September 0.0013 0.0011 0.0012
October 0.0012 0.0011 0.0011
November 0.0012 0.0011 0.0012
December 0.0012 0.0012 0.0012