YEARLY HIGH
934.9724 MMK
YEARLY LOW
646.3041 MMK
YEARLY AVERAGE
778.3301 MMK

2021 FJD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 934.9724. Conversely, the yearly low was recorded on February 2, dropping to 646.3041.

This high-to-low spread represents a total annual volatility of 288.6683 MMK. From a start-to-finish perspective, comparing the January average rate of 653.4731 to the December average rate of 836.0320, the exchange rate registered a net change of 27.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 934.9724 was up 35.16% compared to the 2020 peak of 691.7711, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,674,862 MMK
2020 Average 3,173,130 MMK
Yearly Trough Low 3,231,520 MMK
Transaction Impact: A difference of 1,443,341.40 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

928.1033
628.5067
JanuMarcMayJulySeptNove

FJD 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 720.8397, compared to 835.8205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 114.9809 points.

H1 Avg (Jan–Jun) 720.8397
H2 Avg (Jul–Dec) 835.8205

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 104.7461 MMK (High: 894.5074 / Low: 789.7613). On the other end, July was the most stable month, with a tight range of 8.5790 MMK (High: 795.2952 / Low: 786.7162).

September Spread (Volatile) ±104.7461
July Spread (Stable) ±8.5790

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 51.6282 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -51.6282

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 903.1369) against the same month in 2020 (average: 605.7279), the exchange rate shifted by +297.4091 (+49.10%).

2021 Avg (October) 903.1369
2020 Avg (October) 605.7279

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 660.4752 649.1354 653.4731
February 703.8333 646.3041 690.4806
March 699.3883 679.3279 689.2454
April 769.2779 678.1197 702.6799
May 812.9024 760.9042 786.3453
June 811.7244 795.3090 802.8138
July 795.2952 786.7162 790.9485
August 796.6735 775.1042 786.4710
September 894.5074 789.7613 846.8260
October 934.9724 863.2062 903.1369
November 878.6717 840.6821 851.5087
December 839.8020 830.5516 836.0320