YEARLY HIGH
1682.0390 MMK
YEARLY LOW
1498.0622 MMK
YEARLY AVERAGE
1569.1858 MMK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 8,410,195 MMK
2019 Average 8,519,429 MMK
Yearly Trough Low 7,490,311 MMK
Transaction Impact: A difference of 919,883.78 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1641.5739
1509.5513
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1568.5193
H2 Avg (Jul–Dec) 1569.8523

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±87.8929
October Spread (Stable) ±33.7555

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 August and September, when the average rate fell by 47.8946 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -47.8946

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (December) 1627.5691
2019 Avg (December) 1666.3537

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