YEARLY HIGH
1362.9704 MMK
YEARLY LOW
945.1077 MMK
YEARLY AVERAGE
1138.6217 MMK

2021 NZD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 1362.9704. Conversely, the yearly low was recorded on January 2, dropping to 945.1077.

This high-to-low spread represents a total annual volatility of 417.8627 MMK. From a start-to-finish perspective, comparing the January average rate of 956.0427 to the December average rate of 1208.1244, the exchange rate registered a net change of 26.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1362.9704 was up 36.40% compared to the 2020 peak of 999.2701, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,814,852 MMK
2020 Average 4,470,498 MMK
Yearly Trough Low 4,725,539 MMK
Transaction Impact: A difference of 2,089,313.58 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1369.6591
918.4412
JanuMarcMayJulySeptNove

NZD 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 1054.1036, compared to 1223.1398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 169.0363 points.

H1 Avg (Jan–Jun) 1054.1036
H2 Avg (Jul–Dec) 1223.1398

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 152.4711 MMK (High: 1315.4126 / Low: 1162.9415). On the other end, January was the most stable month, with a tight range of 19.6392 MMK (High: 964.7469 / Low: 945.1077).

September Spread (Volatile) ±152.4711
January Spread (Stable) ±19.6392

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 78.7549 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -78.7549

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 1332.0576) against the same month in 2020 (average: 857.7896), the exchange rate shifted by +474.2679 (+55.29%).

2021 Avg (October) 1332.0576
2020 Avg (October) 857.7896

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 964.7469 945.1077 956.0427
February 1049.2195 950.7579 1015.3375
March 1028.4965 981.9377 1005.4269
April 1132.1480 988.3148 1025.1568
May 1198.9142 1115.1369 1154.1474
June 1193.9063 1141.7706 1168.5102
July 1160.4883 1138.4297 1149.9476
August 1160.1759 1122.0684 1148.2536
September 1315.4126 1162.9415 1247.1533
October 1362.9704 1287.8711 1332.0576
November 1303.6047 1221.3368 1253.3027
December 1218.9082 1193.3616 1208.1244