YEARLY HIGH
2.7545 MMK
YEARLY LOW
0.7048 MMK
YEARLY AVERAGE
1.5566 MMK

2021 SYP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 2.7545. Conversely, the yearly low was recorded on November 21, dropping to 0.7048.

This high-to-low spread represents a total annual volatility of 2.0497 MMK. From a start-to-finish perspective, comparing the January average rate of 2.5945 to the December average rate of 0.7087, the exchange rate registered a net change of -72.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.7545 was down 4.37% compared to the 2020 peak of 2.8806, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,773 MMK
2020 Average 13,403 MMK
Yearly Trough Low 3,524 MMK
Transaction Impact: A difference of 10,248.60 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.9350
0.5063
JanuMarcMayJulySeptNove

SYP 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 1.8844, compared to 1.2287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6557 points.

H1 Avg (Jan–Jun) 1.8844
H2 Avg (Jul–Dec) 1.2287

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 1.6315 MMK (High: 2.7523 / Low: 1.1209). On the other end, June was the most stable month, with a tight range of 0.0015 MMK (High: 1.3098 / Low: 1.3082).

March Spread (Volatile) ±1.6315
June Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 1.1120 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2.7326) against the same month in 2020 (average: 2.8161), the exchange rate shifted by -0.0835 (-2.96%).

2021 Avg (February) 2.7326
2020 Avg (February) 2.8161

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6081 2.5674 2.5945
February 2.7545 2.5879 2.7326
March 2.7523 1.1209 2.2564
April 1.2388 1.1180 1.1443
May 1.3095 1.2295 1.2701
June 1.3098 1.3082 1.3088
July 1.3096 1.3044 1.3084
August 1.3134 1.3068 1.3088
September 1.4886 1.3085 1.4055
October 1.5625 1.4277 1.5019
November 1.4557 0.7048 1.1391
December 0.7134 0.7055 0.7087