2024 AUD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AUD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AUD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 2174.3090. Conversely, the yearly low was recorded on December 31, dropping to 1297.5904.
This high-to-low spread represents a total annual volatility of 876.7186 MMK. From a start-to-finish perspective, comparing the January average rate of 1395.1224 to the December average rate of 1326.9958, the exchange rate registered a net change of -4.88% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 2174.3090 was up 44.72% compared to the 2023 peak of 1502.4493, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AUD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AUD 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 1392.3426, compared to 1406.8684 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.5258 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 802.4395 MMK (High: 2174.3090 / Low: 1371.8695). On the other end, February was the most stable month, with a tight range of 23.2790 MMK (High: 1378.5463 / Low: 1355.2673).
Growth Streaks & Declines
TrendsBetween April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 124.0465 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 1520.1932) against the same month in 2023 (average: 1411.4545), the exchange rate shifted by +108.7388 (+7.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1433.9287 | 1375.7423 | 1395.1224 |
| February | 1378.5463 | 1355.2673 | 1370.8616 |
| March | 1395.6172 | 1362.1481 | 1376.4853 |
| April | 1391.8865 | 1344.4051 | 1365.8453 |
| May | 1407.3143 | 1371.1766 | 1391.7337 |
| June | 1658.4122 | 1380.8423 | 1454.0071 |
| July | 2174.3090 | 1371.8695 | 1520.1932 |
| August | 1426.0109 | 1362.4173 | 1396.1467 |
| September | 1451.4993 | 1395.8498 | 1420.8522 |
| October | 1444.3555 | 1375.9290 | 1406.7237 |
| November | 1400.4378 | 1354.2430 | 1370.2985 |
| December | 1364.1137 | 1297.5904 | 1326.9958 |