YEARLY HIGH
169.0727 MMK
YEARLY LOW
120.5603 MMK
YEARLY AVERAGE
146.5167 MMK

2020 NOK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 169.0727. Conversely, the yearly low was recorded on March 21, dropping to 120.5603.

This high-to-low spread represents a total annual volatility of 48.5124 MMK. From a start-to-finish perspective, comparing the January average rate of 164.2218 to the December average rate of 153.6422, the exchange rate registered a net change of -6.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 169.0727 was down 6.85% compared to the 2019 peak of 181.4971, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 845,364 MMK
2019 Average 865,192 MMK
Yearly Trough Low 602,801 MMK
Transaction Impact: A difference of 242,562.11 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

167.0099
133.5527
JanuMarcMayJulySeptNove

NOK to MMK 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 146.4878, compared to 146.5455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0578 points.

H1 Avg (Jan–Jun) 146.4878
H2 Avg (Jul–Dec) 146.5455

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 33.4172 MMK (High: 153.9775 / Low: 120.5603). On the other end, August was the most stable month, with a tight range of 4.5320 MMK (High: 153.9176 / Low: 149.3856).

March Spread (Volatile) ±33.4172
August Spread (Stable) ±4.5320

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 19.1407 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -19.1407

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 164.2218) against the same month in 2019 (average: 179.2400), the exchange rate shifted by -15.0182 (-8.38%).

2020 Avg (January) 164.2218
2019 Avg (January) 179.2400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 169.0727 158.9046 164.2218
February 158.9046 152.8656 156.1349
March 153.9775 120.5603 136.9942
April 141.4823 132.8307 136.3408
May 144.1014 134.2652 139.0924
June 151.9662 142.4658 146.1425
July 152.6734 143.1108 147.1818
August 153.9176 149.3856 151.7016
September 152.3194 136.6896 144.5163
October 141.4372 135.0194 139.0347
November 149.0415 134.4116 143.1967
December 158.6901 149.4177 153.6422