YEARLY HIGH
0.0352 MMK
YEARLY LOW
0.0206 MMK
YEARLY AVERAGE
0.0326 MMK

2020 IRR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IRR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0352. Conversely, the yearly low was recorded on July 7, dropping to 0.0206.

This high-to-low spread represents a total annual volatility of 0.0146 MMK. From a start-to-finish perspective, comparing the January average rate of 0.0349 to the December average rate of 0.0318, the exchange rate registered a net change of -8.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0352 was down 4.33% compared to the 2019 peak of 0.0368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 176 MMK
2019 Average 180 MMK
Yearly Trough Low 103 MMK
Transaction Impact: A difference of 73.08 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0353
0.0303
JanuMarcMayJulySeptNove

IRR 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 0.0338, compared to 0.0315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0338
H2 Avg (Jul–Dec) 0.0315

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0124 MMK (High: 0.0330 / Low: 0.0206). On the other end, May was the most stable month, with a tight range of 0.0005 MMK (High: 0.0336 / Low: 0.0331).

July Spread (Volatile) ±0.0124
May Spread (Stable) ±0.0005

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 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0349) against the same month in 2019 (average: 0.0362), the exchange rate shifted by -0.0014 (-3.74%).

2020 Avg (January) 0.0349
2019 Avg (January) 0.0362

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0352 0.0346 0.0349
February 0.0348 0.0341 0.0344
March 0.0341 0.0317 0.0333
April 0.0344 0.0331 0.0337
May 0.0336 0.0331 0.0333
June 0.0334 0.0325 0.0331
July 0.0330 0.0206 0.0321
August 0.0326 0.0315 0.0322
September 0.0317 0.0310 0.0314
October 0.0310 0.0304 0.0307
November 0.0312 0.0305 0.0309
December 0.0329 0.0313 0.0318