YEARLY HIGH
6514.3574 MMK
YEARLY LOW
4339.4141 MMK
YEARLY AVERAGE
5342.0119 MMK

2021 KWD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KWD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 6514.3574. Conversely, the yearly low was recorded on January 6, dropping to 4339.4141.

This high-to-low spread represents a total annual volatility of 2174.9433 MMK. From a start-to-finish perspective, comparing the January average rate of 4388.2730 to the December average rate of 5880.6202, the exchange rate registered a net change of 34.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6514.3574 was up 33.30% compared to the 2020 peak of 4887.0470, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32,571,787 MMK
2020 Average 22,425,747 MMK
Yearly Trough Low 21,697,071 MMK
Transaction Impact: A difference of 10,874,716.60 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6447.8630
4201.0376
JanuMarcMayJulySeptNove

KWD 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 4871.7812, compared to 5812.2426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 940.4614 points.

H1 Avg (Jan–Jun) 4871.7812
H2 Avg (Jul–Dec) 5812.2426

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 745.3156 MMK (High: 6217.6798 / Low: 5472.3643). On the other end, June was the most stable month, with a tight range of 18.7210 MMK (High: 5479.7050 / Low: 5460.9840).

September Spread (Volatile) ±745.3156
June Spread (Stable) ±18.7210

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 344.6353 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -344.6353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 6260.6275) against the same month in 2020 (average: 4223.8307), the exchange rate shifted by +2036.7968 (+48.22%).

2021 Avg (October) 6260.6275
2020 Avg (October) 4223.8307

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4406.1070 4339.4141 4388.2730
February 4667.3476 4380.2167 4629.5259
March 4670.8629 4647.8837 4661.9608
April 5175.2605 4652.4637 4772.9327
May 5478.2710 5150.2727 5308.7071
June 5479.7050 5460.9840 5469.2879
July 5477.5204 5446.5790 5468.6982
August 5492.4596 5457.9842 5472.3638
September 6217.6798 5472.3643 5875.1539
October 6514.3574 5950.7980 6260.6275
November 6065.1425 5850.3018 5915.9922
December 5915.7878 5860.9541 5880.6202