2020 ETB to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 ETB to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the ETB to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 46.3524. Conversely, the yearly low was recorded on December 31, dropping to 33.7420.
This high-to-low spread represents a total annual volatility of 12.6104 MMK. From a start-to-finish perspective, comparing the January average rate of 45.8064 to the December average rate of 34.5467, the exchange rate registered a net change of -24.58% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 46.3524 was down 15.48% compared to the 2019 peak of 54.8415, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
ETB 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 43.1725, compared to 36.0880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.0845 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 3.1156 MMK (High: 44.4019 / Low: 41.2863). On the other end, July was the most stable month, with a tight range of 0.7577 MMK (High: 39.3606 / Low: 38.6030).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.2337 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 45.8064) against the same month in 2019 (average: 54.0506), the exchange rate shifted by -8.2442 (-15.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 46.3524 | 45.4272 | 45.8064 |
| February | 46.2413 | 44.4019 | 45.1857 |
| March | 44.4019 | 41.2863 | 42.9519 |
| April | 44.4784 | 42.1433 | 42.9840 |
| May | 42.1881 | 40.9324 | 41.5772 |
| June | 40.9692 | 39.1170 | 40.5297 |
| July | 39.3606 | 38.6030 | 38.8924 |
| August | 39.0294 | 36.7965 | 37.9698 |
| September | 36.9365 | 35.4936 | 36.0735 |
| October | 35.5431 | 33.7834 | 34.7300 |
| November | 34.7649 | 33.9106 | 34.3153 |
| December | 35.9698 | 33.7420 | 34.5467 |