2024 CAD to MMK Historical Review

YEARLY HIGH

2368.6639 MMK

YEARLY LOW

1450.6733 MMK

YEARLY AVERAGE

1548.2351 MMK

2024 CAD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 2368.6639. Conversely, the yearly low was recorded on December 18, dropping to 1450.6733.

This high-to-low spread represents a total annual volatility of 917.9906 MMK. From a start-to-finish perspective, comparing the January average rate of 1564.7900 to the December average rate of 1471.1932, the exchange rate registered a net change of -5.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2368.6639 was up 47.94% compared to the 2023 peak of 1601.0966, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,843,319 MMK

2023 Average 7,775,094 MMK

Yearly Trough Low 7,253,367 MMK

Transaction Impact: A difference of 4,589,952.96 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1678.7019

1452.3288

JanuMarcMayJulySeptNove

CAD 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 1556.4643, compared to 1540.0058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.4586 points.

H1 Avg (Jan–Jun) 1556.4643

H2 Avg (Jul–Dec) 1540.0058

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 854.6320 MMK (High: 2368.6639 / Low: 1514.0319). On the other end, May was the most stable month, with a tight range of 14.9544 MMK (High: 1544.1572 / Low: 1529.2028).

July Spread (Volatile) ±854.6320

May Spread (Stable) ±14.9544

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 124.5967 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -124.5967

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 1659.8375) against the same month in 2023 (average: 1585.4271), the exchange rate shifted by +74.4103 (+4.69%).

2024 Avg (July) 1659.8375

2023 Avg (July) 1585.4271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1590.0597	1552.2646	1564.7900
February	1573.2323	1543.4974	1556.4458
March	1559.2637	1534.3703	1550.0158
April	1551.7432	1518.6617	1534.4491
May	1544.1572	1529.2028	1535.9890
June	1816.7238	1522.7291	1597.0964
July	2368.6639	1514.0319	1659.8375
August	1560.1053	1511.2563	1535.2408
September	1563.2393	1541.4796	1548.5487
October	1554.7075	1505.5540	1524.7848
November	1516.4646	1487.7850	1500.4297
December	1497.1171	1450.6733	1471.1932