2024 BIF to MMK Historical Review

YEARLY HIGH

1.1281 MMK

YEARLY LOW

0.7083 MMK

YEARLY AVERAGE

0.7354 MMK

2024 BIF to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 1.1281. Conversely, the yearly low was recorded on November 16, dropping to 0.7083.

This high-to-low spread represents a total annual volatility of 0.4198 MMK. From a start-to-finish perspective, comparing the January average rate of 0.7358 to the December average rate of 0.7118, the exchange rate registered a net change of -3.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1281 was up 10.66% compared to the 2023 peak of 1.0194, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,640 MMK

2023 Average 4,213 MMK

Yearly Trough Low 3,541 MMK

Transaction Impact: A difference of 2,099.09 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7986

0.7039

JanuMarcMayJulySeptNove

BIF 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 0.7382, compared to 0.7327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.7382

H2 Avg (Jul–Dec) 0.7327

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.4006 MMK (High: 1.1281 / Low: 0.7275). On the other end, January was the most stable month, with a tight range of 0.0029 MMK (High: 0.7372 / Low: 0.7344).

July Spread (Volatile) ±0.4006

January Spread (Stable) ±0.0029

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 0.0624 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0624

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.7907) against the same month in 2023 (average: 0.7413), the exchange rate shifted by +0.0494 (+6.67%).

2024 Avg (July) 0.7907

2023 Avg (July) 0.7413

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7372	0.7344	0.7358
February	0.7382	0.7309	0.7344
March	0.7355	0.7321	0.7336
April	0.7338	0.7304	0.7326
May	0.7331	0.7301	0.7315
June	0.8636	0.7242	0.7610
July	1.1281	0.7275	0.7907
August	0.7336	0.7251	0.7283
September	0.7281	0.7230	0.7250
October	0.7253	0.7110	0.7222
November	0.7247	0.7083	0.7182
December	0.7247	0.7086	0.7118