2024 MMK to AZN Historical Review

YEARLY HIGH

0.0008 AZN

YEARLY LOW

0.0005 AZN

YEARLY AVERAGE

0.0008 AZN

2024 MMK to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0008. Conversely, the yearly low was recorded on July 21, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0003 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0008 to the December average rate of 0.0008, 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 0.0008 was down 0.65% compared to the 2023 peak of 0.0008, 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 AZN

2023 Average 4 AZN

Yearly Trough Low 3 AZN

Transaction Impact: A difference of 1.46 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0008

JanuMarcMayJulySeptNove

MMK to AZN 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 0.0008, 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) 0.0008

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 AZN (High: 0.0008 / Low: 0.0005). On the other end, December was the most stable month, with a tight range of 0.0000 AZN (High: 0.0008 / Low: 0.0008).

July Spread (Volatile) ±0.0003

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0008) against the same month in 2023 (average: 0.0008), the exchange rate shifted by -0.0000 (-0.08%).

2024 Avg (March) 0.0008

2023 Avg (March) 0.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0008	0.0008	0.0008
February	0.0008	0.0008	0.0008
March	0.0008	0.0008	0.0008
April	0.0008	0.0008	0.0008
May	0.0008	0.0008	0.0008
June	0.0008	0.0007	0.0008
July	0.0008	0.0005	0.0008
August	0.0008	0.0008	0.0008
September	0.0008	0.0008	0.0008
October	0.0008	0.0008	0.0008
November	0.0008	0.0008	0.0008
December	0.0008	0.0008	0.0008