YEARLY HIGH
0.8993 KRW
YEARLY LOW
0.7785 KRW
YEARLY AVERAGE
0.8578 KRW

2020 MMK to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.8993. Conversely, the yearly low was recorded on January 1, dropping to 0.7785.

This high-to-low spread represents a total annual volatility of 0.1208 KRW. From a start-to-finish perspective, comparing the January average rate of 0.7941 to the December average rate of 0.8185, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8993 was up 10.69% compared to the 2019 peak of 0.8124, 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 4,496 KRW
2019 Average 3,830 KRW
Yearly Trough Low 3,893 KRW
Transaction Impact: A difference of 603.90 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9010
0.7844
JanuMarcMayJulySeptNove

MMK to KRW 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 0.8482, compared to 0.8675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0193 points.

H1 Avg (Jan–Jun) 0.8482
H2 Avg (Jul–Dec) 0.8675

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0636 KRW (High: 0.8949 / Low: 0.8313). On the other end, September was the most stable month, with a tight range of 0.0150 KRW (High: 0.8990 / Low: 0.8840).

March Spread (Volatile) ±0.0636
September Spread (Stable) ±0.0150

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 0.0397 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.8856) against the same month in 2019 (average: 0.7727), the exchange rate shifted by +0.1129 (+14.61%).

2020 Avg (October) 0.8856
2019 Avg (October) 0.7727

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8176 0.7785 0.7941
February 0.8416 0.8125 0.8239
March 0.8949 0.8313 0.8684
April 0.8872 0.8379 0.8608
May 0.8834 0.8673 0.8762
June 0.8749 0.8514 0.8657
July 0.8826 0.8592 0.8763
August 0.8953 0.8628 0.8748
September 0.8990 0.8840 0.8913
October 0.8993 0.8714 0.8856
November 0.8833 0.8403 0.8582
December 0.8373 0.7871 0.8185