YEARLY HIGH
999.2701 MMK
YEARLY LOW
800.1117 MMK
YEARLY AVERAGE
894.1428 MMK

2020 NZD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 999.2701. Conversely, the yearly low was recorded on March 22, dropping to 800.1117.

This high-to-low spread represents a total annual volatility of 199.1584 MMK. From a start-to-finish perspective, comparing the January average rate of 970.9780 to the December average rate of 948.8037, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 999.2701 was down 6.25% compared to the 2019 peak of 1065.9353, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,996,351 MMK
2019 Average 5,014,575 MMK
Yearly Trough Low 4,000,559 MMK
Transaction Impact: A difference of 995,792.08 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

983.4283
834.0241
JanuMarcMayJulySeptNove

NZD 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 891.8390, compared to 896.4465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.6075 points.

H1 Avg (Jan–Jun) 891.8390
H2 Avg (Jul–Dec) 896.4465

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 96.3682 MMK (High: 896.4799 / Low: 800.1117). On the other end, August was the most stable month, with a tight range of 23.8111 MMK (High: 909.7753 / Low: 885.9643).

March Spread (Volatile) ±96.3682
August Spread (Stable) ±23.8111

Growth Streaks & Declines

Trends

Between March and July, 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 80.4707 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -80.4707

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 970.9780) against the same month in 2019 (average: 1039.3621), the exchange rate shifted by -68.3841 (-6.58%).

2020 Avg (January) 970.9780
2019 Avg (January) 1039.3621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 999.2701 945.5238 970.9780
February 945.6204 897.5761 926.9452
March 896.4799 800.1117 846.4745
April 868.9616 822.4656 853.6815
May 870.3841 833.5055 854.0957
June 922.4620 878.1483 898.8593
July 923.5391 882.5019 901.4419
August 909.7753 885.9643 896.4224
September 902.1334 855.8977 881.1242
October 868.9484 844.0464 857.7896
November 925.0892 848.9756 893.0971
December 980.7333 931.4450 948.8037