2024 AED to MMK Historical Review

YEARLY HIGH

884.0185 MMK

YEARLY LOW

568.7558 MMK

YEARLY AVERAGE

577.4811 MMK

2024 AED to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 884.0185. Conversely, the yearly low was recorded on May 19, dropping to 568.7558.

This high-to-low spread represents a total annual volatility of 315.2627 MMK. From a start-to-finish perspective, comparing the January average rate of 571.6451 to the December average rate of 571.1957, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 884.0185 was up 53.19% compared to the 2023 peak of 577.0559, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,420,093 MMK

2023 Average 2,857,589 MMK

Yearly Trough Low 2,843,779 MMK

Transaction Impact: A difference of 1,576,313.50 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

624.6056

566.3391

JanuMarcMayJulySeptNove

AED 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 575.6731, compared to 579.2890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6159 points.

H1 Avg (Jan–Jun) 575.6731

H2 Avg (Jul–Dec) 579.2890

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 312.8295 MMK (High: 884.0185 / Low: 571.1890). On the other end, October was the most stable month, with a tight range of 0.0124 MMK (High: 571.1999 / Low: 571.1874).

July Spread (Volatile) ±312.8295

October Spread (Stable) ±0.0124

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 48.5506 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -48.5506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 619.7501) against the same month in 2023 (average: 571.0594), the exchange rate shifted by +48.6907 (+8.53%).

2024 Avg (July) 619.7501

2023 Avg (July) 571.0594

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	573.3860	570.1681	571.6451
February	576.9954	570.5788	571.8445
March	573.3154	569.2387	571.4761
April	573.1763	570.2503	571.5733
May	572.8244	568.7558	571.5611
June	675.7274	570.7234	595.9386
July	884.0185	571.1890	619.7501
August	571.2185	571.1952	571.1995
September	571.2081	571.1952	571.1977
October	571.1999	571.1874	571.1946
November	571.2108	571.1874	571.1965
December	571.2030	571.1882	571.1957