YEARLY HIGH
11.2149 MMK
YEARLY LOW
8.7461 MMK
YEARLY AVERAGE
9.7131 MMK

2020 JMD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 11.2149. Conversely, the yearly low was recorded on November 15, dropping to 8.7461.

This high-to-low spread represents a total annual volatility of 2.4687 MMK. From a start-to-finish perspective, comparing the January average rate of 10.9181 to the December average rate of 9.3028, the exchange rate registered a net change of -14.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 11.2149 was down 9.46% compared to the 2019 peak of 12.3865, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,074 MMK
2019 Average 57,022 MMK
Yearly Trough Low 43,731 MMK
Transaction Impact: A difference of 12,343.65 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.1256
8.6353
JanuMarcMayJulySeptNove

JMD 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 10.2681, compared to 9.1581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1100 points.

H1 Avg (Jan–Jun) 10.2681
H2 Avg (Jul–Dec) 9.1581

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.7308 MMK (High: 11.2149 / Low: 10.4841). On the other end, November was the most stable month, with a tight range of 0.2275 MMK (High: 8.9736 / Low: 8.7461).

January Spread (Volatile) ±0.7308
November Spread (Stable) ±0.2275

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.6058 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.6058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 10.9181) against the same month in 2019 (average: 11.7907), the exchange rate shifted by -0.8727 (-7.40%).

2020 Avg (January) 10.9181
2019 Avg (January) 11.7907

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.2149 10.4841 10.9181
February 10.5002 10.2272 10.3712
March 10.5615 9.9442 10.3590
April 10.6661 9.9614 10.3303
May 10.0275 9.5612 9.7245
June 10.0393 9.7848 9.9054
July 9.8094 9.2546 9.5617
August 9.2794 8.9154 9.1064
September 9.2935 8.9365 9.1886
October 9.2357 8.8021 8.9461
November 8.9736 8.7461 8.8428
December 9.6542 9.0242 9.3028