2024 MMK to CNY Historical Review

YEARLY HIGH

0.0035 CNY

YEARLY LOW

0.0022 CNY

YEARLY AVERAGE

0.0034 CNY

2024 MMK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0035. Conversely, the yearly low was recorded on July 21, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0012 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0034 to the December average rate of 0.0035, the exchange rate registered a net change of 2.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0035 was down 0.52% compared to the 2023 peak of 0.0035, 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 17 CNY

2023 Average 17 CNY

Yearly Trough Low 11 CNY

Transaction Impact: A difference of 6.20 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0035

0.0032

JanuMarcMayJulySeptNove

MMK to CNY 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 0.0034, compared to 0.0034 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) 0.0034

H2 Avg (Jul–Dec) 0.0034

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0012 CNY (High: 0.0035 / Low: 0.0022). On the other end, December was the most stable month, with a tight range of 0.0000 CNY (High: 0.0035 / Low: 0.0035).

July Spread (Volatile) ±0.0012

December 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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0035) against the same month in 2023 (average: 0.0034), the exchange rate shifted by +0.0001 (+2.49%).

2024 Avg (December) 0.0035

2023 Avg (December) 0.0034

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0034	0.0034	0.0034
February	0.0034	0.0034	0.0034
March	0.0035	0.0034	0.0034
April	0.0035	0.0034	0.0034
May	0.0035	0.0034	0.0034
June	0.0035	0.0029	0.0033
July	0.0035	0.0022	0.0032
August	0.0035	0.0034	0.0034
September	0.0034	0.0033	0.0034
October	0.0034	0.0033	0.0034
November	0.0035	0.0034	0.0034
December	0.0035	0.0035	0.0035