YEARLY HIGH
284.6514 MMK
YEARLY LOW
191.6368 MMK
YEARLY AVERAGE
233.4606 MMK

2021 BOB to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BOB to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 284.6514. Conversely, the yearly low was recorded on January 6, dropping to 191.6368.

This high-to-low spread represents a total annual volatility of 93.0146 MMK. From a start-to-finish perspective, comparing the January average rate of 193.1088 to the December average rate of 258.0363, the exchange rate registered a net change of 33.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 284.6514 was up 32.73% compared to the 2020 peak of 214.4619, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,423,257 MMK
2020 Average 996,639 MMK
Yearly Trough Low 958,184 MMK
Transaction Impact: A difference of 465,073.04 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

281.5439
185.0692
JanuMarcMayJulySeptNove

BOB 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 212.9837, compared to 253.9375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.9538 points.

H1 Avg (Jan–Jun) 212.9837
H2 Avg (Jul–Dec) 253.9375

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 32.8349 MMK (High: 271.2113 / Low: 238.3764). On the other end, August was the most stable month, with a tight range of 0.7341 MMK (High: 238.7685 / Low: 238.0344).

September Spread (Volatile) ±32.8349
August Spread (Stable) ±0.7341

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 14.3250 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -14.3250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 273.5043) against the same month in 2020 (average: 187.1341), the exchange rate shifted by +86.3703 (+46.15%).

2021 Avg (October) 273.5043
2020 Avg (October) 187.1341

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 194.1924 191.6368 193.1088
February 204.4959 192.1571 202.8263
March 204.5016 203.3146 204.0997
April 225.8923 203.3726 208.4291
May 238.7277 225.5610 231.4807
June 238.7539 236.1495 237.9578
July 238.7245 237.6885 238.3927
August 238.7685 238.0344 238.4504
September 271.2113 238.3764 256.0618
October 284.6514 259.9609 273.5043
November 265.0232 256.2567 259.1794
December 259.5409 257.4864 258.0363