YEARLY HIGH
18.2592 MMK
YEARLY LOW
11.7060 MMK
YEARLY AVERAGE
11.9283 MMK

2024 DJF to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 18.2592. Conversely, the yearly low was recorded on June 8, dropping to 11.7060.

This high-to-low spread represents a total annual volatility of 6.5532 MMK. From a start-to-finish perspective, comparing the January average rate of 11.8014 to the December average rate of 11.7959, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.2592 was up 52.79% compared to the 2023 peak of 11.9507, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 91,296 MMK
2023 Average 59,018 MMK
Yearly Trough Low 58,530 MMK
Transaction Impact: A difference of 32,766.00 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.9020
11.6909
JanuMarcMayJulySeptNove

DJF 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 11.8907, compared to 11.9659 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0752 points.

H1 Avg (Jan–Jun) 11.8907
H2 Avg (Jul–Dec) 11.9659

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 6.4795 MMK (High: 18.2592 / Low: 11.7798). On the other end, April was the most stable month, with a tight range of 0.0380 MMK (High: 11.8302 / Low: 11.7923).

July Spread (Volatile) ±6.4795
April Spread (Stable) ±0.0380

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 0.9881 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 12.8011) against the same month in 2023 (average: 11.8058), the exchange rate shifted by +0.9953 (+8.43%).

2024 Avg (July) 12.8011
2023 Avg (July) 11.8058

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.8425 11.7587 11.8014
February 11.8215 11.7809 11.8037
March 11.8297 11.7902 11.8074
April 11.8302 11.7923 11.8057
May 11.8945 11.7885 11.8151
June 13.9698 11.7060 12.3107
July 18.2592 11.7798 12.8011
August 11.8888 11.7415 11.8130
September 11.8126 11.7216 11.7918
October 11.8531 11.7336 11.7969
November 11.8319 11.7158 11.7967
December 11.8290 11.7640 11.7959