2024 BND to MMK Historical Review

YEARLY HIGH

2415.4571 MMK

YEARLY LOW

1538.1011 MMK

YEARLY AVERAGE

1587.5243 MMK

2024 BND to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 2415.4571. Conversely, the yearly low was recorded on April 20, dropping to 1538.1011.

This high-to-low spread represents a total annual volatility of 877.3561 MMK. From a start-to-finish perspective, comparing the January average rate of 1572.7130 to the December average rate of 1554.1058, the exchange rate registered a net change of -1.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2415.4571 was up 50.25% compared to the 2023 peak of 1607.6236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,077,286 MMK

2023 Average 7,818,425 MMK

Yearly Trough Low 7,690,505 MMK

Transaction Impact: A difference of 4,386,780.31 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1705.1834

1533.6070

JanuMarcMayJulySeptNove

BND 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 1570.1418, compared to 1604.9069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.7651 points.

H1 Avg (Jan–Jun) 1570.1418

H2 Avg (Jul–Dec) 1604.9069

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 856.6234 MMK (High: 2415.4571 / Low: 1558.8337). On the other end, February was the most stable month, with a tight range of 20.1978 MMK (High: 1575.9992 / Low: 1555.8014).

July Spread (Volatile) ±856.6234

February Spread (Stable) ±20.1978

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 96.1822 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -96.1822

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 1690.8854) against the same month in 2023 (average: 1571.8594), the exchange rate shifted by +119.0260 (+7.57%).

2024 Avg (July) 1690.8854

2023 Avg (July) 1571.8594

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1591.6977	1562.5286	1572.7130
February	1575.9992	1555.8014	1562.0189
March	1579.3561	1553.9291	1565.7054
April	1560.4341	1538.1011	1547.9051
May	1562.0965	1538.5645	1553.6215
June	1833.8049	1547.6148	1618.8868
July	2415.4571	1558.8337	1690.8854
August	1616.4026	1569.2399	1594.7032
September	1637.7293	1602.2422	1618.3251
October	1630.7406	1582.6019	1601.2792
November	1593.4972	1554.7201	1570.1426
December	1569.0521	1538.9942	1554.1058