YEARLY HIGH
15.1824 MMK
YEARLY LOW
5.5478 MMK
YEARLY AVERAGE
14.1474 MMK

2020 CVE to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 15.1824. Conversely, the yearly low was recorded on March 18, dropping to 5.5478.

This high-to-low spread represents a total annual volatility of 9.6346 MMK. From a start-to-finish perspective, comparing the January average rate of 14.7354 to the December average rate of 14.7064, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 15.1824 was down 5.12% compared to the 2019 peak of 16.0009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 75,912 MMK
2019 Average 77,014 MMK
Yearly Trough Low 27,739 MMK
Transaction Impact: A difference of 48,172.94 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

14.8400
13.5857
JanuMarcMayJulySeptNove

CVE 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 14.1140, compared to 14.1809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0669 points.

H1 Avg (Jan–Jun) 14.1140
H2 Avg (Jul–Dec) 14.1809

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 8.8363 MMK (High: 14.3841 / Low: 5.5478). On the other end, October was the most stable month, with a tight range of 0.2824 MMK (High: 13.8777 / Low: 13.5953).

March Spread (Volatile) ±8.8363
October Spread (Stable) ±0.2824

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.6082 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 14.7064) against the same month in 2019 (average: 15.0365), the exchange rate shifted by -0.3301 (-2.20%).

2020 Avg (December) 14.7064
2019 Avg (December) 15.0365

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.0387 14.5682 14.7354
February 14.6125 14.1272 14.2984
March 14.3841 5.5478 13.6902
April 14.1611 13.7142 13.9476
May 14.0741 13.5915 13.8415
June 14.3645 13.8991 14.1706
July 14.5509 13.5553 14.1319
August 14.7050 14.3214 14.5374
September 14.3874 13.7296 14.0826
October 13.8777 13.5953 13.7330
November 14.2574 13.5415 13.8941
December 15.1824 14.3701 14.7064