2020 MMK to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 MMK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |