YEARLY HIGH
0.9887 MMK
YEARLY LOW
0.6777 MMK
YEARLY AVERAGE
0.8156 MMK

2021 BIF to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BIF to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.9887. Conversely, the yearly low was recorded on January 29, dropping to 0.6777.

This high-to-low spread represents a total annual volatility of 0.3110 MMK. From a start-to-finish perspective, comparing the January average rate of 0.6835 to the December average rate of 0.8913, the exchange rate registered a net change of 30.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9887 was up 25.40% compared to the 2020 peak of 0.7884, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,944 MMK
2020 Average 3,595 MMK
Yearly Trough Low 3,389 MMK
Transaction Impact: A difference of 1,554.85 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9742
0.6571
JanuMarcMayJulySeptNove

BIF 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 0.7504, compared to 0.8808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1304 points.

H1 Avg (Jan–Jun) 0.7504
H2 Avg (Jul–Dec) 0.8808

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.1113 MMK (High: 0.9404 / Low: 0.8290). On the other end, August was the most stable month, with a tight range of 0.0032 MMK (High: 0.8305 / Low: 0.8273).

September Spread (Volatile) ±0.1113
August Spread (Stable) ±0.0032

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 0.0506 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.9477) against the same month in 2020 (average: 0.6678), the exchange rate shifted by +0.2799 (+41.91%).

2021 Avg (October) 0.9477
2020 Avg (October) 0.6678

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6872 0.6777 0.6835
February 0.7255 0.6834 0.7183
March 0.7244 0.7175 0.7210
April 0.7971 0.7163 0.7366
May 0.8353 0.7885 0.8112
June 0.8341 0.8293 0.8320
July 0.8319 0.8282 0.8303
August 0.8305 0.8273 0.8297
September 0.9404 0.8290 0.8887
October 0.9887 0.8986 0.9477
November 0.9182 0.8877 0.8972
December 0.8977 0.8877 0.8913