YEARLY HIGH
0.0312 MUR
YEARLY LOW
0.0246 MUR
YEARLY AVERAGE
0.0286 MUR

2020 MMK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.0312. Conversely, the yearly low was recorded on January 13, dropping to 0.0246.

This high-to-low spread represents a total annual volatility of 0.0066 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0249 to the December average rate of 0.0296, the exchange rate registered a net change of 18.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0312 was up 26.32% compared to the 2019 peak of 0.0247, 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 156 MUR
2019 Average 117 MUR
Yearly Trough Low 123 MUR
Transaction Impact: A difference of 33.11 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0315
0.0243
JanuMarcMayJulySeptNove

MMK to MUR 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 0.0272, compared to 0.0300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0272
H2 Avg (Jul–Dec) 0.0300

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0025 MUR (High: 0.0285 / Low: 0.0261). On the other end, May was the most stable month, with a tight range of 0.0006 MUR (High: 0.0288 / Low: 0.0282).

March Spread (Volatile) ±0.0025
May Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0011 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.0309) against the same month in 2019 (average: 0.0238), the exchange rate shifted by +0.0071 (+29.79%).

2020 Avg (October) 0.0309
2019 Avg (October) 0.0238

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0252 0.0246 0.0249
February 0.0262 0.0251 0.0257
March 0.0285 0.0261 0.0274
April 0.0284 0.0271 0.0279
May 0.0288 0.0282 0.0285
June 0.0293 0.0284 0.0287
July 0.0295 0.0289 0.0292
August 0.0300 0.0290 0.0293
September 0.0306 0.0297 0.0301
October 0.0312 0.0304 0.0309
November 0.0312 0.0303 0.0307
December 0.0304 0.0286 0.0296