YEARLY HIGH
0.0009 ANG
YEARLY LOW
0.0006 ANG
YEARLY AVERAGE
0.0009 ANG

2024 MMK to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.0009. Conversely, the yearly low was recorded on July 20, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0003 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0009 to the December average rate of 0.0009, the exchange rate registered a net change of 0.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0009 was up 0.44% compared to the 2023 peak of 0.0009, 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 4 ANG
2023 Average 4 ANG
Yearly Trough Low 3 ANG
Transaction Impact: A difference of 1.55 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0009
0.0008
JanuMarcMayJulySeptNove

MMK to ANG 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 0.0009, compared to 0.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0009
H2 Avg (Jul–Dec) 0.0008

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0003 ANG (High: 0.0009 / Low: 0.0006). On the other end, April was the most stable month, with a tight range of 0.0000 ANG (High: 0.0009 / Low: 0.0009).

July Spread (Volatile) ±0.0003
April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and October, 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 May and June, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0008) against the same month in 2023 (average: 0.0009), the exchange rate shifted by -0.0000 (-3.64%).

2024 Avg (June) 0.0008
2023 Avg (June) 0.0009

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0009 0.0009 0.0009
February 0.0009 0.0009 0.0009
March 0.0009 0.0009 0.0009
April 0.0009 0.0009 0.0009
May 0.0009 0.0009 0.0009
June 0.0009 0.0007 0.0008
July 0.0009 0.0006 0.0008
August 0.0009 0.0009 0.0009
September 0.0009 0.0009 0.0009
October 0.0009 0.0009 0.0009
November 0.0009 0.0009 0.0009
December 0.0009 0.0009 0.0009