YEARLY HIGH
0.1803 CVE
YEARLY LOW
0.0659 CVE
YEARLY AVERAGE
0.0709 CVE

2020 MMK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.1803. Conversely, the yearly low was recorded on December 15, dropping to 0.0659.

This high-to-low spread represents a total annual volatility of 0.1144 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0679 to the December average rate of 0.0680, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1803 was up 168.44% compared to the 2019 peak of 0.0671, 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 901 CVE
2019 Average 325 CVE
Yearly Trough Low 329 CVE
Transaction Impact: A difference of 571.92 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0759
0.0671
JanuMarcMayJulySeptNove

MMK to CVE 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 0.0712, compared to 0.0706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0712
H2 Avg (Jul–Dec) 0.0706

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1107 CVE (High: 0.1803 / Low: 0.0695). On the other end, October was the most stable month, with a tight range of 0.0015 CVE (High: 0.0736 / Low: 0.0721).

March Spread (Volatile) ±0.1107
October Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0040 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0751) against the same month in 2019 (average: 0.0642), the exchange rate shifted by +0.0109 (+17.01%).

2020 Avg (March) 0.0751
2019 Avg (March) 0.0642

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0686 0.0665 0.0679
February 0.0708 0.0684 0.0699
March 0.1803 0.0695 0.0751
April 0.0729 0.0706 0.0717
May 0.0736 0.0711 0.0723
June 0.0719 0.0696 0.0706
July 0.0738 0.0687 0.0708
August 0.0698 0.0680 0.0688
September 0.0728 0.0695 0.0710
October 0.0736 0.0721 0.0728
November 0.0738 0.0701 0.0720
December 0.0696 0.0659 0.0680