2020 MMK to NGN Historical Review

YEARLY HIGH

0.3013 NGN

YEARLY LOW

0.2446 NGN

YEARLY AVERAGE

0.2769 NGN

2020 MMK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.3013. Conversely, the yearly low was recorded on January 13, dropping to 0.2446.

This high-to-low spread represents a total annual volatility of 0.0567 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2467 to the December average rate of 0.2871, the exchange rate registered a net change of 16.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3013 was up 22.35% compared to the 2019 peak of 0.2462, 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 1,506 NGN

2019 Average 1,183 NGN

Yearly Trough Low 1,223 NGN

Transaction Impact: A difference of 283.37 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3006

0.2418

JanuMarcMayJulySeptNove

MMK to NGN 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 0.2648, compared to 0.2890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0243 points.

H1 Avg (Jan–Jun) 0.2648

H2 Avg (Jul–Dec) 0.2890

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0262 NGN (High: 0.2807 / Low: 0.2545). On the other end, January was the most stable month, with a tight range of 0.0035 NGN (High: 0.2481 / Low: 0.2446).

March Spread (Volatile) ±0.0262

January Spread (Stable) ±0.0035

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 0.0068 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.2957) against the same month in 2019 (average: 0.2364), the exchange rate shifted by +0.0593 (+25.08%).

2020 Avg (October) 0.2957

2019 Avg (October) 0.2364

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2481	0.2446	0.2467
February	0.2545	0.2475	0.2510
March	0.2807	0.2545	0.2648
April	0.2792	0.2591	0.2710
May	0.2803	0.2748	0.2774
June	0.2824	0.2758	0.2779
July	0.2860	0.2785	0.2833
August	0.2903	0.2784	0.2838
September	0.2951	0.2859	0.2903
October	0.3013	0.2918	0.2957
November	0.2988	0.2894	0.2940
December	0.2945	0.2749	0.2871