YEARLY HIGH
35.2589 MMK
YEARLY LOW
21.6620 MMK
YEARLY AVERAGE
22.8027 MMK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 176,295 MMK
2023 Average 104,620 MMK
Yearly Trough Low 108,310 MMK
Transaction Impact: A difference of 67,984.53 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

24.9003
21.5513
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 22.3607
H2 Avg (Jul–Dec) 23.2447

Volatility Range Comparison

Volatility

The 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).

July Spread (Volatile) ±12.6420
February Spread (Stable) ±0.2978

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.4995

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2024 Avg (July) 24.6212
2023 Avg (July) 22.4522

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