2024 BRL to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BRL to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BRL to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 585.6953. Conversely, the yearly low was recorded on December 25, dropping to 311.5579.
This high-to-low spread represents a total annual volatility of 274.1374 MMK. From a start-to-finish perspective, comparing the January average rate of 427.7494 to the December average rate of 342.8256, the exchange rate registered a net change of -19.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 585.6953 was up 31.73% compared to the 2023 peak of 444.6066, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BRL to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 415.9213, compared to 374.1549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 41.7663 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 214.8995 MMK (High: 585.6953 / Low: 370.7958). On the other end, February was the most stable month, with a tight range of 6.4267 MMK (High: 426.4765 / Low: 420.0497).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 33.1123 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 410.8789) against the same month in 2023 (average: 437.1500), the exchange rate shifted by -26.2711 (-6.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 433.8640 | 420.7296 | 427.7494 |
| February | 426.4765 | 420.0497 | 423.0643 |
| March | 424.6978 | 417.3975 | 421.1204 |
| April | 419.2235 | 397.0150 | 409.5494 |
| May | 413.8799 | 400.1393 | 408.6855 |
| June | 455.2127 | 384.3980 | 405.3586 |
| July | 585.6953 | 370.7958 | 410.8789 |
| August | 388.0083 | 364.7364 | 377.7666 |
| September | 386.7067 | 370.0894 | 378.7605 |
| October | 386.6925 | 362.2988 | 373.2710 |
| November | 369.5288 | 348.7773 | 361.4269 |
| December | 352.3090 | 311.5579 | 342.8256 |