2024 ARS to MMK Historical Review

YEARLY HIGH

3.5165 MMK

YEARLY LOW

2.0349 MMK

YEARLY AVERAGE

2.3291 MMK

2024 ARS to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 3.5165. Conversely, the yearly low was recorded on December 30, dropping to 2.0349.

This high-to-low spread represents a total annual volatility of 1.4815 MMK. From a start-to-finish perspective, comparing the January average rate of 2.5678 to the December average rate of 2.0572, the exchange rate registered a net change of -19.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.5165 was down 70.41% compared to the 2023 peak of 11.8836, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,582 MMK

2023 Average 40,096 MMK

Yearly Trough Low 10,175 MMK

Transaction Impact: A difference of 7,407.57 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.6189

2.0062

JanuMarcMayJulySeptNove

ARS 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 2.4609, compared to 2.1973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2636 points.

H1 Avg (Jan–Jun) 2.4609

H2 Avg (Jul–Dec) 2.1973

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 1.2660 MMK (High: 3.5165 / Low: 2.2505). On the other end, September was the most stable month, with a tight range of 0.0361 MMK (High: 2.2020 / Low: 2.1659).

July Spread (Volatile) ±1.2660

September Spread (Stable) ±0.0361

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 0.2387 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 2.4692) against the same month in 2023 (average: 7.8980), the exchange rate shifted by -5.4288 (-68.74%).

2024 Avg (July) 2.4692

2023 Avg (July) 7.8980

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5971	2.5367	2.5678
February	2.5411	2.4897	2.5181
March	2.4931	2.4453	2.4677
April	2.4490	2.3947	2.4190
May	2.4057	2.3478	2.3709
June	2.7309	2.3069	2.4220
July	3.5165	2.2505	2.4692
August	2.2698	2.2046	2.2305
September	2.2020	2.1659	2.1848
October	2.1634	2.1186	2.1425
November	2.1266	2.0766	2.0996
December	2.0746	2.0349	2.0572