YEARLY HIGH
0.0601 AFN
YEARLY LOW
0.0522 AFN
YEARLY AVERAGE
0.0559 AFN

2020 MMK to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 0.0601. Conversely, the yearly low was recorded on January 30, dropping to 0.0522.

This high-to-low spread represents a total annual volatility of 0.0079 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0526 to the December average rate of 0.0577, the exchange rate registered a net change of 9.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0601 was up 11.87% compared to the 2019 peak of 0.0537, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 301 AFN
2019 Average 256 AFN
Yearly Trough Low 261 AFN
Transaction Impact: A difference of 39.72 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0602
0.0519
JanuMarcMayJulySeptNove

MMK to AFN 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 0.0539, compared to 0.0579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0539
H2 Avg (Jul–Dec) 0.0579

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0041 AFN (High: 0.0569 / Low: 0.0528). On the other end, May was the most stable month, with a tight range of 0.0009 AFN (High: 0.0548 / Low: 0.0539).

March Spread (Volatile) ±0.0041
May Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0016 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.0595) against the same month in 2019 (average: 0.0511), the exchange rate shifted by +0.0083 (+16.33%).

2020 Avg (October) 0.0595
2019 Avg (October) 0.0511

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0532 0.0522 0.0526
February 0.0534 0.0522 0.0530
March 0.0569 0.0528 0.0544
April 0.0548 0.0526 0.0536
May 0.0548 0.0539 0.0545
June 0.0563 0.0549 0.0554
July 0.0567 0.0555 0.0563
August 0.0580 0.0561 0.0568
September 0.0590 0.0573 0.0581
October 0.0601 0.0587 0.0595
November 0.0599 0.0585 0.0592
December 0.0584 0.0556 0.0577