2024 AZN to MMK Historical Review

YEARLY HIGH

1910.0000 MMK

YEARLY LOW

1225.9792 MMK

YEARLY AVERAGE

1247.5947 MMK

2024 AZN to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 1910.0000. Conversely, the yearly low was recorded on March 23, dropping to 1225.9792.

This high-to-low spread represents a total annual volatility of 684.0208 MMK. From a start-to-finish perspective, comparing the January average rate of 1234.8035 to the December average rate of 1234.1176, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1910.0000 was up 53.19% compared to the 2023 peak of 1246.7836, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,550,000 MMK

2023 Average 6,173,419 MMK

Yearly Trough Low 6,129,896 MMK

Transaction Impact: A difference of 3,420,103.90 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1349.5159

1223.6269

JanuMarcMayJulySeptNove

AZN 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 1243.5872, compared to 1251.6022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.0150 points.

H1 Avg (Jan–Jun) 1243.5872

H2 Avg (Jul–Dec) 1251.6022

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 675.8824 MMK (High: 1910.0000 / Low: 1234.1176). On the other end, December was the most stable month, with a tight range of 0.0000 MMK (High: 1234.1176 / Low: 1234.1176).

July Spread (Volatile) ±675.8824

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 104.9075 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -104.9075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 1339.0251) against the same month in 2023 (average: 1233.6989), the exchange rate shifted by +105.3262 (+8.54%).

2024 Avg (July) 1339.0251

2023 Avg (July) 1233.6989

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1238.7837	1231.2693	1234.8035
February	1246.6283	1232.7859	1235.5051
March	1238.5300	1225.9792	1234.2232
April	1238.3643	1228.4164	1234.5238
May	1237.6107	1228.8414	1234.8944
June	1459.9686	1233.1118	1287.5734
July	1910.0000	1234.1176	1339.0251
August	1234.1176	1234.1176	1234.1176
September	1234.1176	1234.1176	1234.1176
October	1234.1176	1234.1176	1234.1176
November	1234.1176	1234.1176	1234.1176
December	1234.1176	1234.1176	1234.1176