2021 QAR to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 QAR to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the QAR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 539.5686. Conversely, the yearly low was recorded on January 6, dropping to 361.5956.
This high-to-low spread represents a total annual volatility of 177.9730 MMK. From a start-to-finish perspective, comparing the January average rate of 365.3057 to the December average rate of 488.9829, the exchange rate registered a net change of 33.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 539.5686 was up 32.42% compared to the 2020 peak of 407.4629, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
QAR to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 403.8515, compared to 480.6789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 76.8274 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was September, with a trading range of 70.6326 MMK (High: 516.9183 / Low: 446.2857). On the other end, June was the most stable month, with a tight range of 1.7535 MMK (High: 452.4466 / Low: 450.6932).
Growth Streaks & Declines
TrendsBetween 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 27.4244 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 518.4789) against the same month in 2020 (average: 354.8941), the exchange rate shifted by +163.5848 (+46.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 367.3489 | 361.5956 | 365.3057 |
| February | 387.8949 | 364.5197 | 384.8480 |
| March | 387.4532 | 385.3108 | 387.0723 |
| April | 427.8795 | 386.3510 | 395.3106 |
| May | 452.3132 | 425.1833 | 438.6228 |
| June | 452.4466 | 450.6932 | 451.9493 |
| July | 452.2643 | 444.6898 | 451.2864 |
| August | 452.2927 | 444.5608 | 449.9650 |
| September | 516.9183 | 446.2857 | 484.3057 |
| October | 539.5686 | 492.9566 | 518.4789 |
| November | 502.5756 | 483.6815 | 491.0545 |
| December | 491.5919 | 487.2425 | 488.9829 |