2024 ALL to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ALL to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ALL to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 35.2589. Conversely, the yearly low was recorded on February 14, dropping to 21.6620.
This high-to-low spread represents a total annual volatility of 13.5969 MMK. From a start-to-finish perspective, comparing the January average rate of 22.0534 to the December average rate of 22.3581, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 35.2589 was up 50.58% compared to the 2023 peak of 23.4154, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ALL 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 22.3607, compared to 23.2447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8840 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 12.6420 MMK (High: 35.2589 / Low: 22.6169). On the other end, February was the most stable month, with a tight range of 0.2978 MMK (High: 21.9598 / Low: 21.6620).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 1.4995 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 24.6212) against the same month in 2023 (average: 22.4522), the exchange rate shifted by +2.1690 (+9.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.4528 | 21.8683 | 22.0534 |
| February | 21.9598 | 21.6620 | 21.8304 |
| March | 22.3256 | 21.8497 | 22.0610 |
| April | 22.4031 | 21.9397 | 22.1840 |
| May | 22.7877 | 22.3727 | 22.5727 |
| June | 26.5261 | 22.3185 | 23.4626 |
| July | 35.2589 | 22.6169 | 24.6212 |
| August | 23.4498 | 22.6191 | 23.1217 |
| September | 23.7623 | 23.2088 | 23.4507 |
| October | 23.5925 | 22.9459 | 23.1728 |
| November | 23.3309 | 22.2697 | 22.7436 |
| December | 22.5670 | 22.1210 | 22.3581 |