YEARLY HIGH
609.1785 MMK
YEARLY LOW
402.4957 MMK
YEARLY AVERAGE
499.4822 MMK

2021 ILS to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ILS to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 609.1785. Conversely, the yearly low was recorded on February 2, dropping to 402.4957.

This high-to-low spread represents a total annual volatility of 206.6828 MMK. From a start-to-finish perspective, comparing the January average rate of 411.7817 to the December average rate of 568.2903, the exchange rate registered a net change of 38.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 609.1785 was up 41.83% compared to the 2020 peak of 429.4981, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,045,892 MMK
2020 Average 2,000,425 MMK
Yearly Trough Low 2,012,478 MMK
Transaction Impact: A difference of 1,033,413.89 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

605.5511
394.1663
JanuMarcMayJulySeptNove

ILS 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 449.9623, compared to 549.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 99.0398 points.

H1 Avg (Jan–Jun) 449.9623
H2 Avg (Jul–Dec) 549.0021

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 71.8501 MMK (High: 585.0192 / Low: 513.1691). On the other end, March was the most stable month, with a tight range of 5.7466 MMK (High: 428.1561 / Low: 422.4094).

September Spread (Volatile) ±71.8501
March Spread (Stable) ±5.7466

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 14.9812 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -14.9812

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 587.9357) against the same month in 2020 (average: 380.7542), the exchange rate shifted by +207.1815 (+54.41%).

2021 Avg (October) 587.9357
2020 Avg (October) 380.7542

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 424.6120 405.3386 411.7817
February 435.1927 402.4957 427.9987
March 428.1561 422.4094 425.0464
April 481.0994 422.0721 438.8555
May 507.5745 473.7933 490.1493
June 508.1512 502.1222 505.9424
July 510.0574 497.9651 502.9782
August 513.2780 506.5100 510.4738
September 585.0192 513.1691 551.3801
October 609.1785 567.1037 587.9357
November 588.3709 562.2122 572.9545
December 574.9860 560.9622 568.2903