YEARLY HIGH
3.7209 MMK
YEARLY LOW
2.1980 MMK
YEARLY AVERAGE
2.4380 MMK

2024 AOA to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 3.7209. Conversely, the yearly low was recorded on October 2, dropping to 2.1980.

This high-to-low spread represents a total annual volatility of 1.5229 MMK. From a start-to-finish perspective, comparing the January average rate of 2.5282 to the December average rate of 2.2971, the exchange rate registered a net change of -9.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.7209 was down 11.45% compared to the 2023 peak of 4.2020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,605 MMK
2023 Average 16,140 MMK
Yearly Trough Low 10,990 MMK
Transaction Impact: A difference of 7,614.52 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6464
2.2261
JanuMarcMayJulySeptNove

AOA 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 2.5225, compared to 2.3536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1689 points.

H1 Avg (Jan–Jun) 2.5225
H2 Avg (Jul–Dec) 2.3536

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 1.3323 MMK (High: 3.7209 / Low: 2.3886). On the other end, November was the most stable month, with a tight range of 0.0071 MMK (High: 2.3038 / Low: 2.2967).

July Spread (Volatile) ±1.3323
November Spread (Stable) ±0.0071

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 0.2522 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 2.6114) against the same month in 2023 (average: 2.5409), the exchange rate shifted by +0.0704 (+2.77%).

2024 Avg (July) 2.6114
2023 Avg (July) 2.5409

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5377 2.5208 2.5282
February 2.5494 2.5195 2.5275
March 2.5355 2.5023 2.5154
April 2.5241 2.4992 2.5122
May 2.5198 2.4508 2.4905
June 2.9075 2.4475 2.5612
July 3.7209 2.3886 2.6114
August 2.3904 2.3118 2.3591
September 2.2996 2.2263 2.2611
October 2.3118 2.1980 2.2924
November 2.3038 2.2967 2.3003
December 2.3004 2.2854 2.2971