2024 JPY to MMK Historical Review

YEARLY HIGH

20.6251 MMK

YEARLY LOW

13.1108 MMK

YEARLY AVERAGE

14.0109 MMK

2024 JPY to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 20.6251. Conversely, the yearly low was recorded on June 23, dropping to 13.1108.

This high-to-low spread represents a total annual volatility of 7.5143 MMK. From a start-to-finish perspective, comparing the January average rate of 14.3667 to the December average rate of 13.6254, the exchange rate registered a net change of -5.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.6251 was up 25.60% compared to the 2023 peak of 16.4209, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 10,312,546 MMK

2023 Average 7,486,279 MMK

Yearly Trough Low 6,555,390 MMK

Transaction Impact: A difference of 3,757,156.40 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.7849

13.3626

JanuMarcMayJulySeptNove

JPY 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 13.8951, compared to 14.1267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2317 points.

H1 Avg (Jan–Jun) 13.8951

H2 Avg (Jul–Dec) 14.1267

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 7.2549 MMK (High: 20.6251 / Low: 13.3702). On the other end, May was the most stable month, with a tight range of 0.3787 MMK (High: 13.7151 / Low: 13.3364).

July Spread (Volatile) ±7.2549

May Spread (Stable) ±0.3787

Growth Streaks & Declines

Trends

Between May and July, 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 September and October, when the average rate fell by 0.6689 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6689

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 14.4473) against the same month in 2023 (average: 14.8614), the exchange rate shifted by -0.4141 (-2.79%).

2024 Avg (July) 14.4473

2023 Avg (July) 14.8614

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.9235	14.1584	14.3667
February	14.3122	13.9102	14.0387
March	14.3144	13.8074	14.0160
April	13.8765	13.3071	13.6294
May	13.7151	13.3364	13.4811
June	15.5406	13.1108	13.8386
July	20.6251	13.3702	14.4473
August	14.5770	14.0586	14.3491
September	14.9007	14.2964	14.6664
October	14.5951	13.6885	13.9975
November	14.0096	13.4058	13.6748
December	14.0317	13.2874	13.6254