YEARLY HIGH
54.8800 MMK
YEARLY LOW
34.3327 MMK
YEARLY AVERAGE
35.6931 MMK

2024 DOP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 54.8800. Conversely, the yearly low was recorded on December 31, dropping to 34.3327.

This high-to-low spread represents a total annual volatility of 20.5474 MMK. From a start-to-finish perspective, comparing the January average rate of 35.8316 to the December average rate of 34.5670, the exchange rate registered a net change of -3.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 54.8800 was up 42.17% compared to the 2023 peak of 38.6009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 274,400 MMK
2023 Average 187,500 MMK
Yearly Trough Low 171,663 MMK
Transaction Impact: A difference of 102,736.77 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

38.8765
34.1753
JanuMarcMayJulySeptNove

DOP 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 35.9272, compared to 35.4590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4681 points.

H1 Avg (Jan–Jun) 35.9272
H2 Avg (Jul–Dec) 35.4590

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 19.5143 MMK (High: 54.8800 / Low: 35.3657). On the other end, October was the most stable month, with a tight range of 0.2034 MMK (High: 34.8664 / Low: 34.6630).

July Spread (Volatile) ±19.5143
October Spread (Stable) ±0.2034

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 3.2849 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.2849

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 38.4847) against the same month in 2023 (average: 37.5887), the exchange rate shifted by +0.8960 (+2.38%).

2024 Avg (July) 38.4847
2023 Avg (July) 37.5887

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.2144 35.5730 35.8316
February 35.9549 35.6312 35.7824
March 35.8008 35.3657 35.5688
April 35.8964 35.2909 35.5293
May 36.1879 35.4277 35.9051
June 42.0569 35.0457 36.9458
July 54.8800 35.3657 38.4847
August 35.5907 34.9958 35.1998
September 35.1689 34.7207 34.9624
October 34.8664 34.6630 34.7743
November 34.9073 34.6537 34.7660
December 34.7953 34.3327 34.5670