YEARLY HIGH
2675.9285 MMK
YEARLY LOW
1793.7086 MMK
YEARLY AVERAGE
2215.8334 MMK

2021 FKP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 2675.9285. Conversely, the yearly low was recorded on January 6, dropping to 1793.7086.

This high-to-low spread represents a total annual volatility of 882.2199 MMK. From a start-to-finish perspective, comparing the January average rate of 1815.2888 to the December average rate of 2369.5781, the exchange rate registered a net change of 30.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2675.9285 was up 36.11% compared to the 2020 peak of 1966.0303, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,379,642 MMK
2020 Average 8,826,920 MMK
Yearly Trough Low 8,968,543 MMK
Transaction Impact: A difference of 4,411,099.29 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2660.8696
1738.4178
JanuMarcMayJulySeptNove

FKP 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 2043.3528, compared to 2388.3140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 344.9612 points.

H1 Avg (Jan–Jun) 2043.3528
H2 Avg (Jul–Dec) 2388.3140

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 296.7453 MMK (High: 2562.4739 / Low: 2265.7286). On the other end, January was the most stable month, with a tight range of 35.0410 MMK (High: 1828.7496 / Low: 1793.7086).

September Spread (Volatile) ±296.7453
January Spread (Stable) ±35.0410

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 179.6922 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -179.6922

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 2583.9986) against the same month in 2020 (average: 1676.9478), the exchange rate shifted by +907.0509 (+54.09%).

2021 Avg (October) 2583.9986
2020 Avg (October) 1676.9478

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1828.7496 1793.7086 1815.2888
February 1994.2627 1812.7560 1944.2680
March 1972.7429 1930.3749 1953.5527
April 2173.3133 1929.8580 1991.3021
May 2341.8465 2151.3421 2248.9570
June 2333.0859 2272.0929 2306.7481
July 2298.8136 2244.3069 2273.3564
August 2292.9153 2239.1208 2270.5466
September 2562.4739 2265.7286 2428.0979
October 2675.9285 2456.7396 2583.9986
November 2481.3147 2373.2486 2404.3064
December 2406.4605 2348.3147 2369.5781