2020 MZN to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MZN to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MZN to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 24.1275. Conversely, the yearly low was recorded on November 16, dropping to 17.4552.
This high-to-low spread represents a total annual volatility of 6.6723 MMK. From a start-to-finish perspective, comparing the January average rate of 23.4803 to the December average rate of 17.9502, the exchange rate registered a net change of -23.55% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 24.1275 was down 7.49% compared to the 2019 peak of 26.0805, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MZN to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 21.4637, compared to 18.3708 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0930 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.6394 MMK (High: 21.9970 / Low: 20.3576). On the other end, November was the most stable month, with a tight range of 0.3026 MMK (High: 17.7578 / Low: 17.4552).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.3018 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 23.4803) against the same month in 2019 (average: 24.8751), the exchange rate shifted by -1.3949 (-5.61%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.1275 | 22.9466 | 23.4803 |
| February | 22.9466 | 21.9970 | 22.5096 |
| March | 21.9970 | 20.3576 | 21.2078 |
| April | 21.6792 | 20.8042 | 21.1260 |
| May | 20.7813 | 20.1725 | 20.4770 |
| June | 20.1950 | 19.5599 | 19.9819 |
| July | 19.6899 | 19.2300 | 19.4306 |
| August | 19.3028 | 18.5331 | 19.0663 |
| September | 18.6068 | 18.1043 | 18.3758 |
| October | 18.0578 | 17.5763 | 17.7693 |
| November | 17.7578 | 17.4552 | 17.6326 |
| December | 18.5238 | 17.7073 | 17.9502 |