2024 GNF to MMK Historical Review

YEARLY HIGH

0.3775 MMK

YEARLY LOW

0.2418 MMK

YEARLY AVERAGE

0.2463 MMK

2024 GNF to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.3775. Conversely, the yearly low was recorded on October 2, dropping to 0.2418.

This high-to-low spread represents a total annual volatility of 0.1356 MMK. From a start-to-finish perspective, comparing the January average rate of 0.2443 to the December average rate of 0.2431, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3775 was up 53.33% compared to the 2023 peak of 0.2462, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,887 MMK

2023 Average 1,218 MMK

Yearly Trough Low 1,209 MMK

Transaction Impact: A difference of 678.10 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2666

0.2406

JanuMarcMayJulySeptNove

GNF 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 0.2460, compared to 0.2466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.2460

H2 Avg (Jul–Dec) 0.2466

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1341 MMK (High: 0.3775 / Low: 0.2433). On the other end, May was the most stable month, with a tight range of 0.0003 MMK (High: 0.2444 / Low: 0.2441).

July Spread (Volatile) ±0.1341

May Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and April, 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 0.0210 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.2644) against the same month in 2023 (average: 0.2437), the exchange rate shifted by +0.0207 (+8.50%).

2024 Avg (July) 0.2644

2023 Avg (July) 0.2437

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2448	0.2434	0.2443
February	0.2450	0.2426	0.2442
March	0.2446	0.2431	0.2442
April	0.2451	0.2437	0.2443
May	0.2444	0.2441	0.2443
June	0.2886	0.2424	0.2544
July	0.3775	0.2433	0.2644
August	0.2452	0.2427	0.2435
September	0.2432	0.2424	0.2428
October	0.2434	0.2418	0.2429
November	0.2440	0.2420	0.2432
December	0.2438	0.2424	0.2431