2020 ILS to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |