2021 TOP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 TOP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the TOP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 866.6262. Conversely, the yearly low was recorded on February 2, dropping to 576.2279.
This high-to-low spread represents a total annual volatility of 290.3983 MMK. From a start-to-finish perspective, comparing the January average rate of 583.3192 to the December average rate of 779.2853, the exchange rate registered a net change of 33.60% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 866.6262 was up 33.49% compared to the 2020 peak of 649.1891, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
TOP to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 648.4000, compared to 775.0036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 126.6035 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was September, with a trading range of 100.2688 MMK (High: 830.3499 / Low: 730.0811). On the other end, July was the most stable month, with a tight range of 6.1778 MMK (High: 732.1836 / Low: 726.0058).
Growth Streaks & Declines
TrendsBetween 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 45.8957 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 838.0083) against the same month in 2020 (average: 558.4296), the exchange rate shifted by +279.5788 (+50.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 589.9287 | 578.1583 | 583.3192 |
| February | 620.4109 | 576.2279 | 610.4967 |
| March | 623.7608 | 613.5592 | 618.2405 |
| April | 689.4356 | 613.8281 | 632.3113 |
| May | 737.7027 | 684.3660 | 709.4602 |
| June | 742.1198 | 729.6033 | 736.5723 |
| July | 732.1836 | 726.0058 | 728.8321 |
| August | 733.3229 | 719.5030 | 727.0986 |
| September | 830.3499 | 730.0811 | 784.6845 |
| October | 866.6262 | 802.5396 | 838.0083 |
| November | 816.3714 | 781.7766 | 792.1126 |
| December | 783.0590 | 775.8826 | 779.2853 |