YEARLY HIGH
0.1637 GYD
YEARLY LOW
0.1409 GYD
YEARLY AVERAGE
0.1522 GYD

2020 MMK to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 0.1637. Conversely, the yearly low was recorded on January 13, dropping to 0.1409.

This high-to-low spread represents a total annual volatility of 0.0228 GYD. From a start-to-finish perspective, comparing the January average rate of 0.1422 to the December average rate of 0.1566, the exchange rate registered a net change of 10.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1637 was up 15.49% compared to the 2019 peak of 0.1417, 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 819 GYD
2019 Average 687 GYD
Yearly Trough Low 705 GYD
Transaction Impact: A difference of 113.83 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1638
0.1403
JanuMarcMayJulySeptNove

MMK to GYD 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 0.1469, compared to 0.1574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 0.1469
H2 Avg (Jul–Dec) 0.1574

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0120 GYD (High: 0.1573 / Low: 0.1452). On the other end, January was the most stable month, with a tight range of 0.0024 GYD (High: 0.1434 / Low: 0.1409).

March Spread (Volatile) ±0.0120
January Spread (Stable) ±0.0024

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 0.0044 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.1619) against the same month in 2019 (average: 0.1364), the exchange rate shifted by +0.0255 (+18.70%).

2020 Avg (October) 0.1619
2019 Avg (October) 0.1364

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1434 0.1409 0.1422
February 0.1452 0.1426 0.1440
March 0.1573 0.1452 0.1492
April 0.1499 0.1441 0.1472
May 0.1505 0.1480 0.1491
June 0.1525 0.1488 0.1500
July 0.1537 0.1502 0.1528
August 0.1575 0.1526 0.1541
September 0.1600 0.1565 0.1582
October 0.1637 0.1600 0.1619
November 0.1630 0.1592 0.1609
December 0.1588 0.1511 0.1566