2024 GYD to MMK Historical Review

YEARLY HIGH

15.5306 MMK

YEARLY LOW

9.8129 MMK

YEARLY AVERAGE

10.1377 MMK

2024 GYD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 15.5306. Conversely, the yearly low was recorded on March 13, dropping to 9.8129.

This high-to-low spread represents a total annual volatility of 5.7177 MMK. From a start-to-finish perspective, comparing the January average rate of 10.0327 to the December average rate of 10.0326, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.5306 was up 54.15% compared to the 2023 peak of 10.0748, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 77,653 MMK

2023 Average 49,946 MMK

Yearly Trough Low 49,065 MMK

Transaction Impact: A difference of 28,588.43 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.9701

9.9368

JanuMarcMayJulySeptNove

GYD 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 10.1038, compared to 10.1717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0679 points.

H1 Avg (Jan–Jun) 10.1038

H2 Avg (Jul–Dec) 10.1717

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 5.5062 MMK (High: 15.5306 / Low: 10.0244). On the other end, May was the most stable month, with a tight range of 0.0065 MMK (High: 10.0379 / Low: 10.0314).

July Spread (Volatile) ±5.5062

May Spread (Stable) ±0.0065

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.8474 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8474

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 10.8840) against the same month in 2023 (average: 9.9963), the exchange rate shifted by +0.8876 (+8.88%).

2024 Avg (July) 10.8840

2023 Avg (July) 9.9963

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0378	10.0291	10.0327
February	10.0383	10.0291	10.0351
March	10.0504	9.8129	10.0258
April	10.0379	10.0102	10.0315
May	10.0379	10.0314	10.0352
June	11.8742	9.9620	10.4622
July	15.5306	10.0244	10.8840
August	10.1198	10.0006	10.0366
September	10.0528	10.0111	10.0267
October	10.0412	9.9871	10.0229
November	10.0738	9.9720	10.0273
December	10.0683	10.0166	10.0326