YEARLY HIGH
429.4981 MMK
YEARLY LOW
372.1730 MMK
YEARLY AVERAGE
400.1358 MMK

2020 ILS to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ILS to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 429.4981. Conversely, the yearly low was recorded on March 17, dropping to 372.1730.

This high-to-low spread represents a total annual volatility of 57.3251 MMK. From a start-to-finish perspective, comparing the January average rate of 424.4255 to the December average rate of 412.0015, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 429.4981 was down 2.75% compared to the 2019 peak of 441.6520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,147,491 MMK
2019 Average 2,135,714 MMK
Yearly Trough Low 1,860,865 MMK
Transaction Impact: A difference of 286,625.55 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

428.7926
376.3871
JanuMarcMayJulySeptNove

ILS 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 406.2977, compared to 393.9740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.3238 points.

H1 Avg (Jan–Jun) 406.2977
H2 Avg (Jul–Dec) 393.9740

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 42.6110 MMK (High: 414.7840 / Low: 372.1730). On the other end, August was the most stable month, with a tight range of 6.8237 MMK (High: 402.4928 / Low: 395.6691).

March Spread (Volatile) ±42.6110
August Spread (Stable) ±6.8237

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 31.9471 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -31.9471

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 424.4255) against the same month in 2019 (average: 415.8358), the exchange rate shifted by +8.5897 (+2.07%).

2020 Avg (January) 424.4255
2019 Avg (January) 415.8358

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 429.4981 420.9957 424.4255
February 425.8582 411.3437 422.3663
March 414.7840 372.1730 390.4192
April 407.2154 385.9675 398.1439
May 402.6038 395.7798 398.8768
June 406.9802 396.1138 403.5547
July 406.1926 394.3722 398.7452
August 402.4928 395.6691 399.3847
September 397.3080 375.6982 386.0476
October 386.6993 376.0739 380.7542
November 397.9372 376.6173 386.9106
December 425.0499 401.7325 412.0015