YEARLY HIGH
0.0928 NPR
YEARLY LOW
0.0763 NPR
YEARLY AVERAGE
0.0863 NPR

2020 MMK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.0928. Conversely, the yearly low was recorded on January 13, dropping to 0.0763.

This high-to-low spread represents a total annual volatility of 0.0165 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0776 to the December average rate of 0.0881, the exchange rate registered a net change of 13.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0928 was up 19.73% compared to the 2019 peak of 0.0775, 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 464 NPR
2019 Average 370 NPR
Yearly Trough Low 381 NPR
Transaction Impact: A difference of 82.56 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0928
0.0762
JanuMarcMayJulySeptNove

MMK to NPR 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 0.0834, compared to 0.0892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0834
H2 Avg (Jul–Dec) 0.0892

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0084 NPR (High: 0.0888 / Low: 0.0804). On the other end, August was the most stable month, with a tight range of 0.0012 NPR (High: 0.0884 / Low: 0.0872).

March Spread (Volatile) ±0.0084
August Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0033 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0914) against the same month in 2019 (average: 0.0754), the exchange rate shifted by +0.0160 (+21.21%).

2020 Avg (November) 0.0914
2019 Avg (November) 0.0754

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0785 0.0763 0.0776
February 0.0804 0.0779 0.0788
March 0.0888 0.0804 0.0849
April 0.0872 0.0834 0.0858
May 0.0872 0.0851 0.0862
June 0.0882 0.0860 0.0869
July 0.0888 0.0859 0.0876
August 0.0884 0.0872 0.0879
September 0.0903 0.0872 0.0889
October 0.0927 0.0899 0.0911
November 0.0928 0.0898 0.0914
December 0.0896 0.0851 0.0881