YEARLY HIGH
12.2559 MMK
YEARLY LOW
9.1065 MMK
YEARLY AVERAGE
10.1998 MMK

2020 ISK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 12.2559. Conversely, the yearly low was recorded on November 1, dropping to 9.1065.

This high-to-low spread represents a total annual volatility of 3.1493 MMK. From a start-to-finish perspective, comparing the January average rate of 11.8934 to the December average rate of 10.4966, the exchange rate registered a net change of -11.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.2559 was down 7.45% compared to the 2019 peak of 13.2431, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,279 MMK
2019 Average 62,090 MMK
Yearly Trough Low 45,533 MMK
Transaction Impact: A difference of 15,746.60 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.1533
9.0348
JanuMarcMayJulySeptNove

ISK 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 10.6121, compared to 9.7876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8246 points.

H1 Avg (Jan–Jun) 10.6121
H2 Avg (Jul–Dec) 9.7876

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.5025 MMK (High: 11.3379 / Low: 9.8354). On the other end, October was the most stable month, with a tight range of 0.3524 MMK (High: 9.4612 / Low: 9.1089).

March Spread (Volatile) ±1.5025
October Spread (Stable) ±0.3524

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 1.0563 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0563

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 11.8934) against the same month in 2019 (average: 12.8101), the exchange rate shifted by -0.9166 (-7.16%).

2020 Avg (January) 11.8934
2019 Avg (January) 12.8101

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.2559 11.7628 11.8934
February 11.8926 11.2770 11.4649
March 11.3379 9.8354 10.4086
April 10.1742 9.6305 9.8376
May 10.3164 9.4463 9.7923
June 10.6805 9.9122 10.2758
July 10.1562 9.6758 9.8932
August 10.0916 9.6514 9.9299
September 9.8310 9.4001 9.5918
October 9.4612 9.1089 9.2946
November 9.8937 9.1065 9.5192
December 10.8659 10.0950 10.4966