YEARLY HIGH
407.4629 MMK
YEARLY LOW
351.0333 MMK
YEARLY AVERAGE
377.9232 MMK

2020 QAR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 407.4629. Conversely, the yearly low was recorded on October 11, dropping to 351.0333.

This high-to-low spread represents a total annual volatility of 56.4296 MMK. From a start-to-finish perspective, comparing the January average rate of 403.3293 to the December average rate of 367.1388, the exchange rate registered a net change of -8.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 407.4629 was down 4.33% compared to the 2019 peak of 425.9073, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,037,314 MMK
2019 Average 2,089,423 MMK
Yearly Trough Low 1,755,166 MMK
Transaction Impact: A difference of 282,148.15 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

408.1728
350.0506
JanuMarcMayJulySeptNove

QAR 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 390.7784, compared to 365.0679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 25.7105 points.

H1 Avg (Jan–Jun) 390.7784
H2 Avg (Jul–Dec) 365.0679

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 27.5412 MMK (High: 394.4804 / Low: 366.9392). On the other end, May was the most stable month, with a tight range of 6.2447 MMK (High: 388.4499 / Low: 382.2052).

March Spread (Volatile) ±27.5412
May Spread (Stable) ±6.2447

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 13.6383 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -13.6383

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 403.3293) against the same month in 2019 (average: 420.9771), the exchange rate shifted by -17.6478 (-4.19%).

2020 Avg (January) 403.3293
2019 Avg (January) 420.9771

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 407.4629 400.6649 403.3293
February 402.0833 394.4804 398.3274
March 394.4804 366.9392 384.6891
April 398.3350 382.5845 390.1478
May 388.4499 382.2052 385.2513
June 385.8192 376.5855 382.9257
July 381.6035 373.5999 375.8318
August 376.7936 364.7343 372.6700
September 366.4620 358.8990 362.9701
October 358.8308 351.0333 354.8941
November 361.2575 352.3487 356.9027
December 380.0817 361.8809 367.1388