YEARLY HIGH
691.7711 MMK
YEARLY LOW
597.2613 MMK
YEARLY AVERAGE
634.6671 MMK

2020 FJD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FJD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 691.7711. Conversely, the yearly low was recorded on October 10, dropping to 597.2613.

This high-to-low spread represents a total annual volatility of 94.5099 MMK. From a start-to-finish perspective, comparing the January average rate of 677.9557 to the December average rate of 650.1067, the exchange rate registered a net change of -4.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 691.7711 was down 17.17% compared to the 2019 peak of 835.1892, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,458,856 MMK
2019 Average 3,530,836 MMK
Yearly Trough Low 2,986,306 MMK
Transaction Impact: A difference of 472,549.31 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

685.1785
598.5051
JanuMarcMayJulySeptNove

FJD 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 640.7605, compared to 628.5738 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.1867 points.

H1 Avg (Jan–Jun) 640.7605
H2 Avg (Jul–Dec) 628.5738

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 49.9836 MMK (High: 647.7573 / Low: 597.7737). On the other end, August was the most stable month, with a tight range of 12.2924 MMK (High: 643.4620 / Low: 631.1696).

March Spread (Volatile) ±49.9836
August Spread (Stable) ±12.2924

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 42.3722 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -42.3722

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 677.9557) against the same month in 2019 (average: 721.8006), the exchange rate shifted by -43.8449 (-6.07%).

2020 Avg (January) 677.9557
2019 Avg (January) 721.8006

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 691.7711 668.4819 677.9557
February 669.2490 647.7573 658.6249
March 647.7573 597.7737 616.2527
April 634.4910 609.2531 625.0909
May 633.4362 616.4097 626.3810
June 652.2275 630.9930 640.2576
July 650.6595 627.9585 637.3071
August 643.4620 631.1696 637.8432
September 634.4863 606.8414 622.2803
October 614.5647 597.2613 605.7279
November 633.8088 600.6368 618.1776
December 672.5360 635.8052 650.1067