YEARLY HIGH
0.4006 SYP
YEARLY LOW
0.3472 SYP
YEARLY AVERAGE
0.3736 SYP

2020 MMK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 0.4006. Conversely, the yearly low was recorded on January 1, dropping to 0.3472.

This high-to-low spread represents a total annual volatility of 0.0535 SYP. From a start-to-finish perspective, comparing the January average rate of 0.3507 to the December average rate of 0.3836, the exchange rate registered a net change of 9.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4006 was up 14.81% compared to the 2019 peak of 0.3489, 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 2,003 SYP
2019 Average 1,693 SYP
Yearly Trough Low 1,736 SYP
Transaction Impact: A difference of 267.26 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4011
0.3461
JanuMarcMayJulySeptNove

MMK to SYP 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 0.3615, compared to 0.3856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0242 points.

H1 Avg (Jan–Jun) 0.3615
H2 Avg (Jul–Dec) 0.3856

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0264 SYP (High: 0.3852 / Low: 0.3588). On the other end, January was the most stable month, with a tight range of 0.0050 SYP (High: 0.3522 / Low: 0.3472).

March Spread (Volatile) ±0.0264
January Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0110 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.3965) against the same month in 2019 (average: 0.3362), the exchange rate shifted by +0.0603 (+17.93%).

2020 Avg (October) 0.3965
2019 Avg (October) 0.3362

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3522 0.3472 0.3507
February 0.3586 0.3518 0.3551
March 0.3852 0.3588 0.3676
April 0.3694 0.3538 0.3615
May 0.3687 0.3627 0.3659
June 0.3743 0.3651 0.3682
July 0.3768 0.3694 0.3748
August 0.3855 0.3729 0.3771
September 0.3919 0.3832 0.3871
October 0.4006 0.3919 0.3965
November 0.3992 0.3899 0.3947
December 0.3892 0.3705 0.3836