2020 SRD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SRD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SRD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 198.9236. Conversely, the yearly low was recorded on October 11, dropping to 90.3023.
This high-to-low spread represents a total annual volatility of 108.6213 MMK. From a start-to-finish perspective, comparing the January average rate of 196.9006 to the December average rate of 94.4625, the exchange rate registered a net change of -52.03% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 198.9236 was down 4.33% compared to the 2019 peak of 207.9295, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
SRD 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 190.7844, compared to 132.5532 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 58.2312 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was September, with a trading range of 86.5709 MMK (High: 178.8947 / Low: 92.3238). On the other end, October was the most stable month, with a tight range of 2.0039 MMK (High: 92.3063 / Low: 90.3023).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 60.9976 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 196.9006) against the same month in 2019 (average: 205.5286), the exchange rate shifted by -8.6280 (-4.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 198.9236 | 195.5914 | 196.9006 |
| February | 196.2737 | 192.5988 | 194.4637 |
| March | 192.5988 | 179.1399 | 187.7938 |
| April | 194.4674 | 186.7780 | 190.4747 |
| May | 189.6415 | 186.5928 | 188.1267 |
| June | 188.3571 | 183.8493 | 186.9468 |
| July | 186.2991 | 182.3917 | 183.4811 |
| August | 183.9518 | 177.9132 | 181.9822 |
| September | 178.8947 | 92.3238 | 152.2903 |
| October | 92.3063 | 90.3023 | 91.2927 |
| November | 92.9241 | 90.6388 | 91.8106 |
| December | 97.7729 | 93.1037 | 94.4625 |