YEARLY HIGH
105.8976 MMK
YEARLY LOW
72.9190 MMK
YEARLY AVERAGE
84.1077 MMK

2020 ZAR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 105.8976. Conversely, the yearly low was recorded on April 5, dropping to 72.9190.

This high-to-low spread represents a total annual volatility of 32.9786 MMK. From a start-to-finish perspective, comparing the January average rate of 101.9508 to the December average rate of 89.9418, the exchange rate registered a net change of -11.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 105.8976 was down 7.86% compared to the 2019 peak of 114.9283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 5,294,880 MMK
2019 Average 5,270,072 MMK
Yearly Trough Low 3,645,951 MMK
Transaction Impact: A difference of 1,648,928.80 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

104.5157
73.7378
JanuMarcMayJulySeptNove

ZAR 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 86.2444, compared to 81.9709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.2735 points.

H1 Avg (Jan–Jun) 86.2444
H2 Avg (Jul–Dec) 81.9709

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 15.5793 MMK (High: 92.8827 / Low: 77.3034). On the other end, October was the most stable month, with a tight range of 2.6647 MMK (High: 79.9322 / Low: 77.2675).

March Spread (Volatile) ±15.5793
October Spread (Stable) ±2.6647

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 12.2654 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -12.2654

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 101.9508) against the same month in 2019 (average: 110.8294), the exchange rate shifted by -8.8786 (-8.01%).

2020 Avg (January) 101.9508
2019 Avg (January) 110.8294

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 105.8976 97.4783 101.9508
February 98.3577 91.6686 96.3603
March 92.8827 77.3034 84.0949
April 79.4610 72.9190 76.3027
May 80.9308 73.9514 77.3076
June 84.5758 79.0464 81.4501
July 84.6444 79.5052 81.6260
August 80.9519 76.8693 78.8335
September 81.2609 76.3386 79.0498
October 79.9322 77.2675 78.6212
November 86.4187 79.0556 83.7534
December 92.9644 86.5638 89.9418