2024 BAM to MMK Historical Review

YEARLY HIGH

1808.1964 MMK

YEARLY LOW

1113.3677 MMK

YEARLY AVERAGE

1173.6808 MMK

2024 BAM to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 1808.1964. Conversely, the yearly low was recorded on December 20, dropping to 1113.3677.

This high-to-low spread represents a total annual volatility of 694.8287 MMK. From a start-to-finish perspective, comparing the January average rate of 1171.6908 to the December average rate of 1124.2166, the exchange rate registered a net change of -4.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1808.1964 was up 49.59% compared to the 2023 peak of 1208.7461, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,040,982 MMK

2023 Average 5,806,182 MMK

Yearly Trough Low 5,566,838 MMK

Transaction Impact: A difference of 3,474,143.66 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1276.9646

1110.3304

JanuMarcMayJulySeptNove

BAM 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 1169.0218, compared to 1178.3398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.3179 points.

H1 Avg (Jan–Jun) 1169.0218

H2 Avg (Jul–Dec) 1178.3398

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 646.5408 MMK (High: 1808.1964 / Low: 1161.6556). On the other end, March was the most stable month, with a tight range of 17.6552 MMK (High: 1175.5937 / Low: 1157.9385).

July Spread (Volatile) ±646.5408

March Spread (Stable) ±17.6552

Growth Streaks & Declines

Trends

Between 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 82.1151 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -82.1151

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 1263.0784) against the same month in 2023 (average: 1186.0018), the exchange rate shifted by +77.0766 (+6.50%).

2024 Avg (July) 1263.0784

2023 Avg (July) 1186.0018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1189.3380	1162.0944	1171.6908
February	1168.6333	1149.8511	1159.6460
March	1175.5937	1157.9385	1166.4132
April	1167.1534	1140.1250	1151.9982
May	1167.9883	1145.5458	1160.0272
June	1360.3248	1147.3124	1204.3555
July	1808.1964	1161.6556	1263.0784
August	1202.3433	1157.8743	1180.9634
September	1200.6217	1181.7794	1191.9280
October	1190.2432	1156.3510	1169.0355
November	1169.9585	1117.7071	1140.8166
December	1135.4172	1113.3677	1124.2166