YEARLY HIGH
2.4101 MMK
YEARLY LOW
1.7085 MMK
YEARLY AVERAGE
2.0128 MMK

2021 MWK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 2.4101. Conversely, the yearly low was recorded on January 29, dropping to 1.7085.

This high-to-low spread represents a total annual volatility of 0.7016 MMK. From a start-to-finish perspective, comparing the January average rate of 1.7211 to the December average rate of 2.1842, the exchange rate registered a net change of 26.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.4101 was up 19.59% compared to the 2020 peak of 2.0154, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,051 MMK
2020 Average 9,250 MMK
Yearly Trough Low 8,543 MMK
Transaction Impact: A difference of 3,508.12 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3736
1.6618
JanuMarcMayJulySeptNove

MWK 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: Jan–Jun) was 1.8711, compared to 2.1545 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2835 points.

H1 Avg (Jan–Jun) 1.8711
H2 Avg (Jul–Dec) 2.1545

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.2708 MMK (High: 2.2955 / Low: 2.0247). On the other end, August was the most stable month, with a tight range of 0.0186 MMK (High: 2.0361 / Low: 2.0175).

September Spread (Volatile) ±0.2708
August Spread (Stable) ±0.0186

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 0.1221 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 2.3142) against the same month in 2020 (average: 1.7141), the exchange rate shifted by +0.6001 (+35.01%).

2021 Avg (October) 2.3142
2020 Avg (October) 1.7141

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7306 1.7085 1.7211
February 1.8217 1.7140 1.8010
March 1.8113 1.7883 1.8013
April 1.9718 1.7852 1.8287
May 2.0897 1.9530 2.0147
June 2.0762 2.0431 2.0595
July 2.0613 2.0247 2.0372
August 2.0361 2.0175 2.0261
September 2.2955 2.0247 2.1733
October 2.4101 2.2009 2.3142
November 2.2445 2.1678 2.1922
December 2.1924 2.1654 2.1842