2024 BOB to MMK Historical Review

YEARLY HIGH

470.2127 MMK

YEARLY LOW

301.2574 MMK

YEARLY AVERAGE

306.8520 MMK

2024 BOB to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 470.2127. Conversely, the yearly low was recorded on November 10, dropping to 301.2574.

This high-to-low spread represents a total annual volatility of 168.9553 MMK. From a start-to-finish perspective, comparing the January average rate of 303.8987 to the December average rate of 303.6196, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 470.2127 was up 54.59% compared to the 2023 peak of 304.1742, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,351,064 MMK

2023 Average 1,519,378 MMK

Yearly Trough Low 1,506,287 MMK

Transaction Impact: A difference of 844,776.64 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

332.1338

300.5812

JanuMarcMayJulySeptNove

BOB 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 305.8959, compared to 307.8081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9122 points.

H1 Avg (Jan–Jun) 305.8959

H2 Avg (Jul–Dec) 307.8081

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 166.7090 MMK (High: 470.2127 / Low: 303.5037). On the other end, January was the most stable month, with a tight range of 0.2509 MMK (High: 303.9315 / Low: 303.6806).

July Spread (Volatile) ±166.7090

January Spread (Stable) ±0.2509

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 25.6734 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -25.6734

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 329.5044) against the same month in 2023 (average: 303.8351), the exchange rate shifted by +25.6693 (+8.45%).

2024 Avg (July) 329.5044

2023 Avg (July) 303.8351

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	303.9315	303.6806	303.8987
February	303.9305	302.8405	303.8441
March	304.7642	302.8059	303.7640
April	303.9168	302.6436	303.3104
May	304.0033	303.2386	303.8267
June	359.5301	301.6276	316.7315
July	470.2127	303.5037	329.5044
August	306.3686	302.5802	303.8310
September	304.3625	302.3780	303.4705
October	303.8827	302.3331	303.2124
November	304.9948	301.2574	303.2106
December	304.8250	302.6107	303.6196