YEARLY HIGH
0.0462 ALL
YEARLY LOW
0.0284 ALL
YEARLY AVERAGE
0.0440 ALL

2024 MMK to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0462. Conversely, the yearly low was recorded on July 20, dropping to 0.0284.

This high-to-low spread represents a total annual volatility of 0.0178 ALL. From a start-to-finish perspective, comparing the January average rate of 0.0453 to the December average rate of 0.0447, the exchange rate registered a net change of -1.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0462 was down 12.96% compared to the 2023 peak of 0.0530, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 231 ALL
2023 Average 240 ALL
Yearly Trough Low 142 ALL
Transaction Impact: A difference of 89.01 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0463
0.0408
JanuMarcMayJulySeptNove

MMK to ALL 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 0.0448, compared to 0.0432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0448
H2 Avg (Jul–Dec) 0.0432

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0159 ALL (High: 0.0442 / Low: 0.0284). On the other end, February was the most stable month, with a tight range of 0.0006 ALL (High: 0.0462 / Low: 0.0455).

July Spread (Volatile) ±0.0159
February Spread (Stable) ±0.0006

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 June and July, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0458) against the same month in 2023 (average: 0.0514), the exchange rate shifted by -0.0056 (-10.96%).

2024 Avg (February) 0.0458
2023 Avg (February) 0.0514

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0457 0.0445 0.0453
February 0.0462 0.0455 0.0458
March 0.0458 0.0448 0.0453
April 0.0456 0.0446 0.0451
May 0.0447 0.0439 0.0443
June 0.0448 0.0377 0.0428
July 0.0442 0.0284 0.0413
August 0.0442 0.0426 0.0433
September 0.0431 0.0421 0.0426
October 0.0436 0.0424 0.0432
November 0.0449 0.0429 0.0440
December 0.0452 0.0443 0.0447