2020 FKP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 FKP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the FKP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1966.0303. Conversely, the yearly low was recorded on March 23, dropping to 1634.5305.
This high-to-low spread represents a total annual volatility of 331.4998 MMK. From a start-to-finish perspective, comparing the January average rate of 1920.1654 to the December average rate of 1798.0939, the exchange rate registered a net change of -6.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 1966.0303 was down 3.87% compared to the 2019 peak of 2045.2366, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
FKP 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 1794.5338, compared to 1736.8078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 57.7260 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 201.2651 MMK (High: 1835.7956 / Low: 1634.5305). On the other end, August was the most stable month, with a tight range of 33.7114 MMK (High: 1800.9398 / Low: 1767.2285).
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 February and March, when the average rate fell by 148.0881 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 1920.1654) against the same month in 2019 (average: 1977.9375), the exchange rate shifted by -57.7722 (-2.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1966.0303 | 1905.6118 | 1920.1654 |
| February | 1931.6271 | 1841.6824 | 1880.8269 |
| March | 1835.7956 | 1634.5305 | 1732.7388 |
| April | 1798.2316 | 1716.6522 | 1763.2384 |
| May | 1763.5723 | 1697.4604 | 1725.2951 |
| June | 1788.9090 | 1698.6196 | 1744.9384 |
| July | 1789.9740 | 1698.1848 | 1733.4478 |
| August | 1800.9398 | 1767.2285 | 1783.1606 |
| September | 1786.1945 | 1666.7175 | 1711.5946 |
| October | 1698.1465 | 1657.5974 | 1676.9478 |
| November | 1756.2144 | 1663.2184 | 1717.6023 |
| December | 1860.9507 | 1742.8423 | 1798.0939 |