2024 LRD to MMK Historical Review

YEARLY HIGH

16.6513 MMK

YEARLY LOW

10.4869 MMK

YEARLY AVERAGE

11.0864 MMK

2024 LRD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 16.6513. Conversely, the yearly low was recorded on September 20, dropping to 10.4869.

This high-to-low spread represents a total annual volatility of 6.1643 MMK. From a start-to-finish perspective, comparing the January average rate of 11.1010 to the December average rate of 11.6186, the exchange rate registered a net change of 4.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.6513 was up 20.81% compared to the 2023 peak of 13.7833, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83,256 MMK

2023 Average 60,407 MMK

Yearly Trough Low 52,435 MMK

Transaction Impact: A difference of 30,821.69 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.7739

10.6329

JanuMarcMayJulySeptNove

LRD 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 11.0083, compared to 11.1646 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1564 points.

H1 Avg (Jan–Jun) 11.0083

H2 Avg (Jul–Dec) 11.1646

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 5.9198 MMK (High: 16.6513 / Low: 10.7315). On the other end, May was the most stable month, with a tight range of 0.0728 MMK (High: 10.8689 / Low: 10.7960).

July Spread (Volatile) ±5.9198

May Spread (Stable) ±0.0728

Growth Streaks & Declines

Trends

Between 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 0.9503 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 11.6789) against the same month in 2023 (average: 11.4180), the exchange rate shifted by +0.2608 (+2.28%).

2024 Avg (July) 11.6789

2023 Avg (July) 11.4180

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.1735	11.0329	11.1010
February	11.1482	10.9653	11.0271
March	10.9627	10.8493	10.9064
April	11.1650	10.8419	10.8912
May	10.8689	10.7960	10.8460
June	12.7703	10.7855	11.2778
July	16.6513	10.7315	11.6789
August	10.7933	10.5591	10.7285
September	10.8304	10.4869	10.7280
October	10.9284	10.8261	10.8876
November	11.7153	10.9252	11.3462
December	11.7207	11.4013	11.6186