2024 CDF to MMK Historical Review

YEARLY HIGH

1.1433 MMK

YEARLY LOW

0.7290 MMK

YEARLY AVERAGE

0.7535 MMK

2024 CDF to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 1.1433. Conversely, the yearly low was recorded on October 30, dropping to 0.7290.

This high-to-low spread represents a total annual volatility of 0.4143 MMK. From a start-to-finish perspective, comparing the January average rate of 0.7714 to the December average rate of 0.7351, the exchange rate registered a net change of -4.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1433 was up 10.25% compared to the 2023 peak of 1.0370, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,716 MMK

2023 Average 4,535 MMK

Yearly Trough Low 3,645 MMK

Transaction Impact: A difference of 2,071.26 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8072

0.7267

JanuMarcMayJulySeptNove

CDF 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 0.7610, compared to 0.7461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.7610

H2 Avg (Jul–Dec) 0.7461

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.4086 MMK (High: 1.1433 / Low: 0.7347). On the other end, March was the most stable month, with a tight range of 0.0072 MMK (High: 0.7584 / Low: 0.7512).

July Spread (Volatile) ±0.4086

March Spread (Stable) ±0.0072

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 0.0640 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0640

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.8005) against the same month in 2023 (average: 0.8496), the exchange rate shifted by -0.0492 (-5.79%).

2024 Avg (July) 0.8005

2023 Avg (July) 0.8496

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7900	0.7630	0.7714
February	0.7682	0.7580	0.7620
March	0.7584	0.7512	0.7565
April	0.7551	0.7444	0.7520
May	0.7538	0.7428	0.7510
June	0.8741	0.7356	0.7728
July	1.1433	0.7347	0.8005
August	0.7469	0.7297	0.7364
September	0.7407	0.7321	0.7366
October	0.7392	0.7290	0.7348
November	0.7379	0.7297	0.7334
December	0.7404	0.7308	0.7351