YEARLY HIGH
0.0117 MVR
YEARLY LOW
0.0078 MVR
YEARLY AVERAGE
0.0097 MVR

2021 MMK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0117. Conversely, the yearly low was recorded on October 7, dropping to 0.0078.

This high-to-low spread represents a total annual volatility of 0.0039 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0116 to the December average rate of 0.0087, the exchange rate registered a net change of -25.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0117 was down 2.92% compared to the 2020 peak of 0.0121, 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 59 MVR
2020 Average 56 MVR
Yearly Trough Low 39 MVR
Transaction Impact: A difference of 19.33 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0119
0.0078
JanuMarcMayJulySeptNove

MMK to MVR 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 0.0106, compared to 0.0088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0106
H2 Avg (Jul–Dec) 0.0088

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0011 MVR (High: 0.0094 / Low: 0.0083). On the other end, August was the most stable month, with a tight range of 0.0000 MVR (High: 0.0094 / Low: 0.0094).

September Spread (Volatile) ±0.0011
August Spread (Stable) ±0.0000

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 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0116) against the same month in 2020 (average: 0.0105), the exchange rate shifted by +0.0011 (+10.01%).

2021 Avg (January) 0.0116
2020 Avg (January) 0.0105

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0117 0.0115 0.0116
February 0.0116 0.0109 0.0110
March 0.0110 0.0109 0.0110
April 0.0110 0.0099 0.0108
May 0.0099 0.0094 0.0097
June 0.0094 0.0093 0.0094
July 0.0094 0.0093 0.0094
August 0.0094 0.0094 0.0094
September 0.0094 0.0083 0.0088
October 0.0086 0.0078 0.0082
November 0.0087 0.0084 0.0086
December 0.0087 0.0086 0.0087