YEARLY HIGH
93.3823 MMK
YEARLY LOW
81.2828 MMK
YEARLY AVERAGE
87.0362 MMK

2020 EGP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EGP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 93.3823. Conversely, the yearly low was recorded on October 11, dropping to 81.2828.

This high-to-low spread represents a total annual volatility of 12.0995 MMK. From a start-to-finish perspective, comparing the January average rate of 92.3719 to the December average rate of 85.2154, the exchange rate registered a net change of -7.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 93.3823 was down 1.66% compared to the 2019 peak of 94.9588, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 466,911 MMK
2019 Average 452,903 MMK
Yearly Trough Low 406,414 MMK
Transaction Impact: A difference of 60,497.43 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

93.5038
81.2338
JanuMarcMayJulySeptNove

EGP 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 89.9207, compared to 84.1516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.7691 points.

H1 Avg (Jan–Jun) 89.9207
H2 Avg (Jul–Dec) 84.1516

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 7.0920 MMK (High: 92.0903 / Low: 84.9983). On the other end, September was the most stable month, with a tight range of 1.7675 MMK (High: 84.6659 / Low: 82.8983).

March Spread (Volatile) ±7.0920
September Spread (Stable) ±1.7675

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 3.1892 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.1892

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 92.4813) against the same month in 2019 (average: 87.0366), the exchange rate shifted by +5.4447 (+6.26%).

2020 Avg (February) 92.4813
2019 Avg (February) 87.0366

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 93.2579 91.0091 92.3719
February 93.3823 91.3238 92.4813
March 92.0903 84.9983 89.2921
April 91.9006 88.4579 90.1021
May 90.7472 88.3610 89.0275
June 87.7305 84.8971 86.2494
July 86.9163 84.4644 85.4883
August 85.9094 83.6017 85.1665
September 84.6659 82.8983 83.7577
October 83.1197 81.2828 82.2563
November 84.1302 81.6552 83.0254
December 88.0912 83.8704 85.2154