2020 EUR to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 EUR to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the EUR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1682.0390. Conversely, the yearly low was recorded on November 1, dropping to 1498.0622.
This high-to-low spread represents a total annual volatility of 183.9768 MMK. From a start-to-finish perspective, comparing the January average rate of 1630.5720 to the December average rate of 1627.5691, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 1682.0390 was down 5.22% compared to the 2019 peak of 1774.7596, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
EUR 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 1568.5193, compared to 1569.8523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3330 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 87.8929 MMK (High: 1620.2889 / Low: 1532.3960). On the other end, October was the most stable month, with a tight range of 33.7555 MMK (High: 1536.1448 / Low: 1502.3894).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 47.8946 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 1627.5691) against the same month in 2019 (average: 1666.3537), the exchange rate shifted by -38.7846 (-2.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1664.4143 | 1614.7365 | 1630.5720 |
| February | 1622.9230 | 1562.0753 | 1583.3231 |
| March | 1595.6192 | 1511.5857 | 1550.7823 |
| April | 1579.9402 | 1518.3581 | 1543.7755 |
| May | 1565.0250 | 1503.0074 | 1533.5293 |
| June | 1590.6194 | 1540.4165 | 1569.1337 |
| July | 1620.2889 | 1532.3960 | 1568.1493 |
| August | 1618.0925 | 1582.5273 | 1605.6073 |
| September | 1589.2814 | 1521.0295 | 1557.7127 |
| October | 1536.1448 | 1502.3894 | 1520.5532 |
| November | 1574.2642 | 1498.0622 | 1539.5225 |
| December | 1682.0390 | 1594.9524 | 1627.5691 |