2024 HTG to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 HTG to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the HTG to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 24.6152. Conversely, the yearly low was recorded on June 9, dropping to 15.7120.
This high-to-low spread represents a total annual volatility of 8.9032 MMK. From a start-to-finish perspective, comparing the January average rate of 15.9489 to the December average rate of 16.0373, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 24.6152 was up 54.18% compared to the 2023 peak of 15.9653, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HTG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
HTG 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 15.9754, compared to 16.1644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1891 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 8.7283 MMK (High: 24.6152 / Low: 15.8869). On the other end, March was the most stable month, with a tight range of 0.0248 MMK (High: 15.8433 / Low: 15.8185).
Growth Streaks & Declines
TrendsBetween September and December, 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 1.3025 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 17.2321) against the same month in 2023 (average: 15.2324), the exchange rate shifted by +1.9997 (+13.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.9709 | 15.9244 | 15.9489 |
| February | 16.0022 | 15.8040 | 15.9023 |
| March | 15.8433 | 15.8185 | 15.8388 |
| April | 15.8499 | 15.7948 | 15.8377 |
| May | 15.8715 | 15.7599 | 15.8236 |
| June | 18.7427 | 15.7120 | 16.5008 |
| July | 24.6152 | 15.8869 | 17.2321 |
| August | 16.0806 | 15.8679 | 15.9296 |
| September | 15.9577 | 15.8705 | 15.9097 |
| October | 15.9529 | 15.8468 | 15.9152 |
| November | 16.0435 | 15.8548 | 15.9627 |
| December | 16.1011 | 15.9909 | 16.0373 |