YEARLY HIGH
1966.0303 MMK
YEARLY LOW
1634.5305 MMK
YEARLY AVERAGE
1765.6708 MMK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 9,830,152 MMK
2019 Average 9,716,129 MMK
Yearly Trough Low 8,172,653 MMK
Transaction Impact: A difference of 1,657,498.97 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1944.4871
1652.6260
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1794.5338
H2 Avg (Jul–Dec) 1736.8078

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±201.2651
August Spread (Stable) ±33.7114

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 February and March, when the average rate fell by 148.0881 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -148.0881

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (January) 1920.1654
2019 Avg (January) 1977.9375

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