YEARLY HIGH
673.3768 MMK
YEARLY LOW
426.1601 MMK
YEARLY AVERAGE
439.1360 MMK

2024 LYD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LYD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 673.3768. Conversely, the yearly low was recorded on December 29, dropping to 426.1601.

This high-to-low spread represents a total annual volatility of 247.2167 MMK. From a start-to-finish perspective, comparing the January average rate of 436.9773 to the December average rate of 428.7884, the exchange rate registered a net change of -1.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 673.3768 was up 51.52% compared to the 2023 peak of 444.4187, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,366,884 MMK
2023 Average 2,182,415 MMK
Yearly Trough Low 2,130,800 MMK
Transaction Impact: A difference of 1,236,083.70 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

474.0529
424.6734
JanuMarcMayJulySeptNove

LYD 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 437.1879, compared to 441.0842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8963 points.

H1 Avg (Jan–Jun) 437.1879
H2 Avg (Jul–Dec) 441.0842

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 239.6923 MMK (High: 673.3768 / Low: 433.6845). On the other end, February was the most stable month, with a tight range of 2.6426 MMK (High: 435.3281 / Low: 432.6856).

July Spread (Volatile) ±239.6923
February Spread (Stable) ±2.6426

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 July and August, when the average rate fell by 31.8303 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -31.8303

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 469.9379) against the same month in 2023 (average: 439.8157), the exchange rate shifted by +30.1222 (+6.85%).

2024 Avg (July) 469.9379
2023 Avg (July) 439.8157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 440.7177 434.7631 436.9773
February 435.3281 432.6856 434.0573
March 437.1382 432.4207 435.3670
April 434.5434 429.7580 432.7346
May 434.4869 430.5972 432.7202
June 511.2070 431.1574 451.2710
July 673.3768 433.6845 469.9379
August 442.1496 434.3425 438.1076
September 443.1588 438.9643 441.0191
October 443.3271 434.5307 437.3112
November 436.0786 428.2706 431.3407
December 430.7034 426.1601 428.7884