YEARLY HIGH
558.6408 MMK
YEARLY LOW
372.1030 MMK
YEARLY AVERAGE
456.8010 MMK

2021 PGK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PGK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 558.6408. Conversely, the yearly low was recorded on January 6, dropping to 372.1030.

This high-to-low spread represents a total annual volatility of 186.5379 MMK. From a start-to-finish perspective, comparing the January average rate of 376.6382 to the December average rate of 504.4169, the exchange rate registered a net change of 33.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 558.6408 was up 27.59% compared to the 2020 peak of 437.8427, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,793,204 MMK
2020 Average 1,984,631 MMK
Yearly Trough Low 1,860,515 MMK
Transaction Impact: A difference of 932,689.31 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

551.3063
360.7593
JanuMarcMayJulySeptNove

PGK 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 416.3658, compared to 497.2363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 80.8705 points.

H1 Avg (Jan–Jun) 416.3658
H2 Avg (Jul–Dec) 497.2363

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 68.7255 MMK (High: 531.5778 / Low: 462.8523). On the other end, March was the most stable month, with a tight range of 4.1648 MMK (High: 400.6609 / Low: 396.4961).

September Spread (Volatile) ±68.7255
March Spread (Stable) ±4.1648

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 27.9743 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -27.9743

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 535.4274) against the same month in 2020 (average: 368.4786), the exchange rate shifted by +166.9487 (+45.31%).

2021 Avg (October) 535.4274
2020 Avg (October) 368.4786

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 378.9100 372.1030 376.6382
February 400.0061 375.4038 396.0775
March 400.6609 396.4961 399.1612
April 441.4265 396.4896 406.6963
May 468.7806 438.0762 452.5941
June 470.3628 462.5513 467.0272
July 470.8648 462.3927 468.3777
August 468.8478 462.8511 466.0370
September 531.5778 462.8523 501.7057
October 558.6408 507.9120 535.4274
November 520.3566 501.1420 507.4530
December 508.2072 500.7182 504.4169