2024 MMK to ARS Historical Review

YEARLY HIGH

0.4914 ARS

YEARLY LOW

0.2844 ARS

YEARLY AVERAGE

0.4323 ARS

2024 MMK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4914. Conversely, the yearly low was recorded on July 21, dropping to 0.2844.

This high-to-low spread represents a total annual volatility of 0.2070 ARS. From a start-to-finish perspective, comparing the January average rate of 0.3895 to the December average rate of 0.4861, the exchange rate registered a net change of 24.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4914 was up 27.52% compared to the 2023 peak of 0.3854, 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 2,457 ARS

2023 Average 705 ARS

Yearly Trough Low 1,422 ARS

Transaction Impact: A difference of 1,035.18 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4958

0.3798

JanuMarcMayJulySeptNove

MMK to ARS 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 0.4069, compared to 0.4578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0508 points.

H1 Avg (Jan–Jun) 0.4069

H2 Avg (Jul–Dec) 0.4578

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1600 ARS (High: 0.4444 / Low: 0.2844). On the other end, September was the most stable month, with a tight range of 0.0076 ARS (High: 0.4617 / Low: 0.4541).

July Spread (Volatile) ±0.1600

September Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0073 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4861) against the same month in 2023 (average: 0.3006), the exchange rate shifted by +0.1855 (+61.73%).

2024 Avg (December) 0.4861

2023 Avg (December) 0.3006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3942	0.3850	0.3895
February	0.4016	0.3935	0.3971
March	0.4089	0.4011	0.4052
April	0.4176	0.4083	0.4134
May	0.4259	0.4157	0.4218
June	0.4335	0.3662	0.4145
July	0.4444	0.2844	0.4113
August	0.4536	0.4406	0.4483
September	0.4617	0.4541	0.4577
October	0.4720	0.4622	0.4668
November	0.4816	0.4702	0.4763
December	0.4914	0.4820	0.4861