YEARLY HIGH
48.4972 IRR
YEARLY LOW
28.3808 IRR
YEARLY AVERAGE
30.6975 IRR

2020 MMK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 48.4972. Conversely, the yearly low was recorded on January 1, dropping to 28.3808.

This high-to-low spread represents a total annual volatility of 20.1164 IRR. From a start-to-finish perspective, comparing the January average rate of 28.6736 to the December average rate of 31.4967, the exchange rate registered a net change of 9.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 48.4972 was up 69.97% compared to the 2019 peak of 28.5327, 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 242,486 IRR
2019 Average 138,538 IRR
Yearly Trough Low 141,904 IRR
Transaction Impact: A difference of 100,582.10 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

32.9776
28.2823
JanuMarcMayJulySeptNove

MMK to IRR 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 29.6087, compared to 31.7864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1778 points.

H1 Avg (Jan–Jun) 29.6087
H2 Avg (Jul–Dec) 31.7864

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 18.1932 IRR (High: 48.4972 / Low: 30.3040). On the other end, January was the most stable month, with a tight range of 0.4835 IRR (High: 28.8643 / Low: 28.3808).

July Spread (Volatile) ±18.1932
January Spread (Stable) ±0.4835

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.9092 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 31.3433) against the same month in 2019 (average: 27.8509), the exchange rate shifted by +3.4923 (+12.54%).

2020 Avg (July) 31.3433
2019 Avg (July) 27.8509

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.8643 28.3808 28.6736
February 29.3128 28.7640 29.0347
March 31.5151 29.3128 30.0802
April 30.2263 29.0312 29.6415
May 30.2563 29.7699 30.0175
June 30.7616 29.9729 30.2045
July 48.4972 30.3040 31.3433
August 31.7324 30.6907 31.0240
September 32.2211 31.5583 31.8624
October 32.9424 32.2273 32.5863
November 32.8201 32.0130 32.4059
December 31.9512 30.4254 31.4967