2024 CNY to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CNY to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CNY to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 446.6300. Conversely, the yearly low was recorded on December 30, dropping to 287.4327.
This high-to-low spread represents a total annual volatility of 159.1973 MMK. From a start-to-finish perspective, comparing the January average rate of 295.2800 to the December average rate of 288.1284, the exchange rate registered a net change of -2.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 446.6300 was up 42.55% compared to the 2023 peak of 313.3157, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CNY 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 294.4955, compared to 296.5091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0136 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 158.2570 MMK (High: 446.6300 / Low: 288.3730). On the other end, December was the most stable month, with a tight range of 2.2783 MMK (High: 289.7110 / Low: 287.4327).
Growth Streaks & Declines
TrendsBetween 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 20.0733 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 313.6633) against the same month in 2023 (average: 291.8685), the exchange rate shifted by +21.7948 (+7.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 297.5069 | 291.8326 | 295.2800 |
| February | 297.5414 | 291.1958 | 293.4449 |
| March | 294.5103 | 289.2201 | 291.6369 |
| April | 295.9734 | 289.3242 | 290.4045 |
| May | 296.7679 | 289.3504 | 292.9489 |
| June | 341.7479 | 288.7128 | 303.2580 |
| July | 446.6300 | 288.3730 | 313.6633 |
| August | 295.7804 | 289.6270 | 293.5900 |
| September | 299.2867 | 294.5884 | 296.5713 |
| October | 298.9243 | 294.2043 | 295.9360 |
| November | 295.5429 | 289.4911 | 291.1656 |
| December | 289.7110 | 287.4327 | 288.1284 |