YEARLY HIGH
12.0441 IDR
YEARLY LOW
9.0117 IDR
YEARLY AVERAGE
10.5871 IDR

2020 MMK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 12.0441. Conversely, the yearly low was recorded on January 27, dropping to 9.0117.

This high-to-low spread represents a total annual volatility of 3.0324 IDR. From a start-to-finish perspective, comparing the January average rate of 9.3433 to the December average rate of 10.5587, the exchange rate registered a net change of 13.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.0441 was up 26.63% compared to the 2019 peak of 9.5116, 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 60,221 IDR
2019 Average 46,456 IDR
Yearly Trough Low 45,058 IDR
Transaction Impact: A difference of 15,162.12 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.5828
9.1397
JanuMarcMayJulySeptNove

MMK to IDR 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 10.2531, compared to 10.9212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6681 points.

H1 Avg (Jan–Jun) 10.2531
H2 Avg (Jul–Dec) 10.9212

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.3343 IDR (High: 12.0441 / Low: 9.7098). On the other end, October was the most stable month, with a tight range of 0.2530 IDR (High: 11.4988 / Low: 11.2458).

March Spread (Volatile) ±2.3343
October Spread (Stable) ±0.2530

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.5095 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 10.8352) against the same month in 2019 (average: 9.3344), the exchange rate shifted by +1.5008 (+16.08%).

2020 Avg (March) 10.8352
2019 Avg (March) 9.3344

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.5300 9.0117 9.3433
February 9.7302 9.3270 9.4806
March 12.0441 9.7098 10.8352
April 11.8184 10.7309 11.0911
May 11.0880 10.4059 10.5816
June 10.6535 9.9814 10.1867
July 10.7750 10.4438 10.6140
August 11.0074 10.6626 10.8232
September 11.3855 10.9899 11.2213
October 11.4988 11.2458 11.3792
November 11.3737 10.6965 10.9306
December 10.7426 10.2042 10.5587