YEARLY HIGH
0.0116 NAD
YEARLY LOW
0.0076 NAD
YEARLY AVERAGE
0.0093 NAD

2021 MMK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0116. Conversely, the yearly low was recorded on October 11, dropping to 0.0076.

This high-to-low spread represents a total annual volatility of 0.0040 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0113 to the December average rate of 0.0089, the exchange rate registered a net change of -21.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0116 was down 17.53% compared to the 2020 peak of 0.0140, 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 58 NAD
2020 Average 60 NAD
Yearly Trough Low 38 NAD
Transaction Impact: A difference of 19.79 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0117
0.0075
JanuMarcMayJulySeptNove

MMK to NAD 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 0.0100, compared to 0.0086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0100
H2 Avg (Jul–Dec) 0.0086

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0014 NAD (High: 0.0091 / Low: 0.0077). On the other end, July was the most stable month, with a tight range of 0.0004 NAD (High: 0.0090 / Low: 0.0087).

September Spread (Volatile) ±0.0014
July Spread (Stable) ±0.0004

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 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0113) against the same month in 2020 (average: 0.0098), the exchange rate shifted by +0.0016 (+15.94%).

2021 Avg (January) 0.0113
2020 Avg (January) 0.0098

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0116 0.0110 0.0113
February 0.0114 0.0103 0.0105
March 0.0110 0.0104 0.0106
April 0.0104 0.0092 0.0101
May 0.0093 0.0084 0.0088
June 0.0087 0.0082 0.0084
July 0.0090 0.0087 0.0088
August 0.0093 0.0087 0.0089
September 0.0091 0.0077 0.0084
October 0.0084 0.0076 0.0079
November 0.0091 0.0080 0.0087
December 0.0091 0.0087 0.0089