YEARLY HIGH
1.4755 BIF
YEARLY LOW
1.0114 BIF
YEARLY AVERAGE
1.2391 BIF

2021 MMK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 1.4755. Conversely, the yearly low was recorded on October 6, dropping to 1.0114.

This high-to-low spread represents a total annual volatility of 0.4641 BIF. From a start-to-finish perspective, comparing the January average rate of 1.4631 to the December average rate of 1.1220, the exchange rate registered a net change of -23.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4755 was down 2.54% compared to the 2020 peak of 1.5139, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,377 BIF
2020 Average 6,971 BIF
Yearly Trough Low 5,057 BIF
Transaction Impact: A difference of 2,320.35 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.5038
1.0152
JanuMarcMayJulySeptNove

MMK to BIF 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 1.3396, compared to 1.1385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2012 points.

H1 Avg (Jan–Jun) 1.3396
H2 Avg (Jul–Dec) 1.1385

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.1428 BIF (High: 1.2063 / Low: 1.0634). On the other end, August was the most stable month, with a tight range of 0.0046 BIF (High: 1.2088 / Low: 1.2041).

September Spread (Volatile) ±0.1428
August Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1262 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1262

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.4631) against the same month in 2020 (average: 1.2835), the exchange rate shifted by +0.1796 (+13.99%).

2021 Avg (January) 1.4631
2020 Avg (January) 1.2835

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4755 1.4551 1.4631
February 1.4633 1.3784 1.3925
March 1.3938 1.3805 1.3870
April 1.3961 1.2546 1.3598
May 1.2682 1.1972 1.2336
June 1.2058 1.1989 1.2019
July 1.2074 1.2021 1.2044
August 1.2088 1.2041 1.2053
September 1.2063 1.0634 1.1285
October 1.1128 1.0114 1.0559
November 1.1264 1.0891 1.1147
December 1.1266 1.1140 1.1220