YEARLY HIGH
324.5254 MMK
YEARLY LOW
224.5362 MMK
YEARLY AVERAGE
271.6981 MMK

2021 GHS to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 324.5254. Conversely, the yearly low was recorded on January 6, dropping to 224.5362.

This high-to-low spread represents a total annual volatility of 99.9892 MMK. From a start-to-finish perspective, comparing the January average rate of 227.3236 to the December average rate of 289.8454, the exchange rate registered a net change of 27.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 324.5254 was up 18.84% compared to the 2020 peak of 273.0769, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,622,627 MMK
2020 Average 1,201,044 MMK
Yearly Trough Low 1,122,681 MMK
Transaction Impact: A difference of 499,945.96 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

319.4371
218.9497
JanuMarcMayJulySeptNove

GHS 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 253.9401, compared to 289.4562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 35.5161 points.

H1 Avg (Jan–Jun) 253.9401
H2 Avg (Jul–Dec) 289.4562

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 38.8636 MMK (High: 310.4735 / Low: 271.6098). On the other end, March was the most stable month, with a tight range of 2.3171 MMK (High: 246.1576 / Low: 243.8405).

September Spread (Volatile) ±38.8636
March Spread (Stable) ±2.3171

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 18.9896 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -18.9896

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 311.0632) against the same month in 2020 (average: 222.2962), the exchange rate shifted by +88.7670 (+39.93%).

2021 Avg (October) 311.0632
2020 Avg (October) 222.2962

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 228.6439 224.5362 227.3236
February 245.2159 227.6709 241.8203
March 246.1576 243.8405 245.4566
April 269.7143 243.5965 249.0909
May 285.7048 269.1476 276.6885
June 284.7182 281.4782 283.2605
July 281.2378 275.1609 277.3038
August 276.6374 272.0661 273.4699
September 310.4735 271.6098 292.9813
October 324.5254 294.4482 311.0632
November 299.3548 288.1546 292.0736
December 292.3979 287.9352 289.8454