2020 ZAR to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |