2021 ZAR to MMK Historical Review

YEARLY HIGH

131.3145 MMK

YEARLY LOW

86.0240 MMK

YEARLY AVERAGE

109.0681 MMK

2021 ZAR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 131.3145. Conversely, the yearly low was recorded on January 7, dropping to 86.0240.

This high-to-low spread represents a total annual volatility of 45.2905 MMK. From a start-to-finish perspective, comparing the January average rate of 88.0332 to the December average rate of 112.1358, the exchange rate registered a net change of 27.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 131.3145 was up 24.00% compared to the 2020 peak of 105.8976, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 6,565,724 MMK

2020 Average 4,204,205 MMK

Yearly Trough Low 4,301,198 MMK

Transaction Impact: A difference of 2,264,525.77 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

130.8483

84.1409

JanuMarcMayJulySeptNove

ZAR 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 101.4634, compared to 116.6727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.2093 points.

H1 Avg (Jan–Jun) 101.4634

H2 Avg (Jul–Dec) 116.6727

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 15.3824 MMK (High: 129.3537 / Low: 113.9712). On the other end, December was the most stable month, with a tight range of 3.9304 MMK (High: 114.4944 / Low: 110.5640).

September Spread (Volatile) ±15.3824

December Spread (Stable) ±3.9304

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 11.9295 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -11.9295

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 126.9560) against the same month in 2020 (average: 78.6212), the exchange rate shifted by +48.3348 (+61.48%).

2021 Avg (October) 126.9560

2020 Avg (October) 78.6212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	91.0694	86.0240	88.0332
February	97.6344	88.1045	94.8988
March	96.2767	90.8051	94.0861
April	109.4351	96.0651	99.7869
May	119.9627	107.4162	113.6984
June	122.5938	114.7018	118.2770
July	115.8861	110.8135	113.4490
August	114.9567	107.2739	111.2918
September	129.3537	113.9712	121.1772
October	131.3145	117.7578	126.9560
November	121.5808	110.0468	115.0265
December	114.4944	110.5640	112.1358