YEARLY HIGH
0.4046 MMK
YEARLY LOW
0.3238 MMK
YEARLY AVERAGE
0.3616 MMK

2020 MGA to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.4046. Conversely, the yearly low was recorded on October 29, dropping to 0.3238.

This high-to-low spread represents a total annual volatility of 0.0807 MMK. From a start-to-finish perspective, comparing the January average rate of 0.3990 to the December average rate of 0.3502, the exchange rate registered a net change of -12.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4046 was down 34.60% compared to the 2019 peak of 0.6186, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,023 MMK
2019 Average 2,096 MMK
Yearly Trough Low 1,619 MMK
Transaction Impact: A difference of 403.63 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4059
0.3230
JanuMarcMayJulySeptNove

MGA 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 0.3793, compared to 0.3439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0354 points.

H1 Avg (Jan–Jun) 0.3793
H2 Avg (Jul–Dec) 0.3439

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0244 MMK (High: 0.3863 / Low: 0.3619). On the other end, May was the most stable month, with a tight range of 0.0058 MMK (High: 0.3713 / Low: 0.3655).

March Spread (Volatile) ±0.0244
May Spread (Stable) ±0.0058

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 0.0153 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0153

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.3990) against the same month in 2019 (average: 0.4308), the exchange rate shifted by -0.0318 (-7.39%).

2020 Avg (January) 0.3990
2019 Avg (January) 0.4308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4046 0.3946 0.3990
February 0.4035 0.3858 0.3916
March 0.3863 0.3619 0.3763
April 0.3841 0.3700 0.3764
May 0.3713 0.3655 0.3683
June 0.3746 0.3549 0.3644
July 0.3611 0.3516 0.3560
August 0.3592 0.3446 0.3537
September 0.3477 0.3358 0.3423
October 0.3351 0.3238 0.3299
November 0.3476 0.3258 0.3314
December 0.3643 0.3425 0.3502