YEARLY HIGH
10.6504 IDR
YEARLY LOW
7.2219 IDR
YEARLY AVERAGE
8.9855 IDR

2021 MMK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 10.6504. Conversely, the yearly low was recorded on October 7, dropping to 7.2219.

This high-to-low spread represents a total annual volatility of 3.4285 IDR. From a start-to-finish perspective, comparing the January average rate of 10.5671 to the December average rate of 8.0454, the exchange rate registered a net change of -23.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.6504 was down 11.57% compared to the 2020 peak of 12.0441, 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 53,252 IDR
2020 Average 52,951 IDR
Yearly Trough Low 36,109 IDR
Transaction Impact: A difference of 17,142.61 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.8716
7.2171
JanuMarcMayJulySeptNove

MMK to IDR 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 9.7706, compared to 8.2005 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 1.5701 points.

H1 Avg (JanтАУJun) 9.7706
H2 Avg (JulтАУDec) 8.2005

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.1041 IDR (High: 10.3800 / Low: 9.2759). On the other end, July was the most stable month, with a tight range of 0.1097 IDR (High: 8.8792 / Low: 8.7695).

April Spread (Volatile) ┬▒1.1041
July Spread (Stable) ┬▒0.1097

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 1.1529 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1529

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 10.5671) against the same month in 2020 (average: 9.3433), the exchange rate shifted by +1.2238 (+13.10%).

2021 Avg (January) 10.5671
2020 Avg (January) 9.3433

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Month High Low Average
January 10.6504 10.4715 10.5671
February 10.5692 9.8621 10.0344
March 10.3340 10.1066 10.2100
April 10.3800 9.2759 10.1209
May 9.3020 8.6551 8.9680
June 8.8467 8.6133 8.7230
July 8.8792 8.7695 8.8147
August 8.8101 8.6658 8.7399
September 8.6760 7.6152 8.0921
October 7.9247 7.2219 7.5216
November 8.0595 7.7923 7.9893
December 8.1415 7.9643 8.0454