2024 MMK to CAD Historical Review

YEARLY HIGH

0.0007 CAD

YEARLY LOW

0.0004 CAD

YEARLY AVERAGE

0.0006 CAD

2024 MMK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0007. Conversely, the yearly low was recorded on July 21, dropping to 0.0004.

This high-to-low spread represents a total annual volatility of 0.0003 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0006 to the December average rate of 0.0007, the exchange rate registered a net change of 6.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0007 was up 3.64% compared to the 2023 peak of 0.0007, 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 3 CAD

2023 Average 3 CAD

Yearly Trough Low 2 CAD

Transaction Impact: A difference of 1.34 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0007

0.0006

JanuMarcMayJulySeptNove

MMK to CAD 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 0.0006, compared to 0.0007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0006

H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0002 CAD (High: 0.0007 / Low: 0.0004). On the other end, May was the most stable month, with a tight range of 0.0000 CAD (High: 0.0007 / Low: 0.0006).

July Spread (Volatile) ±0.0002

May Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, 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 (December 2024: 0.0007) against the same month in 2023 (average: 0.0006), the exchange rate shifted by +0.0000 (+6.56%).

2024 Avg (December) 0.0007

2023 Avg (December) 0.0006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0006	0.0006	0.0006
February	0.0006	0.0006	0.0006
March	0.0007	0.0006	0.0006
April	0.0007	0.0006	0.0007
May	0.0007	0.0006	0.0007
June	0.0007	0.0006	0.0006
July	0.0007	0.0004	0.0006
August	0.0007	0.0006	0.0007
September	0.0006	0.0006	0.0006
October	0.0007	0.0006	0.0007
November	0.0007	0.0007	0.0007
December	0.0007	0.0007	0.0007