2024 MMK to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MMK to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MMK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.2536. Conversely, the yearly low was recorded on July 20, dropping to 0.1615.
This high-to-low spread represents a total annual volatility of 0.0921 CRC. From a start-to-finish perspective, comparing the January average rate of 0.2462 to the December average rate of 0.2411, the exchange rate registered a net change of -2.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 0.2536 was down 10.00% compared to the 2023 peak of 0.2818, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MMK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MMK to CRC Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 0.2433, compared to 0.2439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 0.0913 CRC (High: 0.2527 / Low: 0.1615). On the other end, November was the most stable month, with a tight range of 0.0035 CRC (High: 0.2452 / Low: 0.2416).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0062 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 0.2411) against the same month in 2023 (average: 0.2572), the exchange rate shifted by -0.0160 (-6.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.2481 | 0.2433 | 0.2462 |
| February | 0.2475 | 0.2438 | 0.2456 |
| March | 0.2448 | 0.2393 | 0.2423 |
| April | 0.2424 | 0.2373 | 0.2401 |
| May | 0.2481 | 0.2430 | 0.2442 |
| June | 0.2536 | 0.2107 | 0.2411 |
| July | 0.2527 | 0.1615 | 0.2350 |
| August | 0.2525 | 0.2464 | 0.2501 |
| September | 0.2510 | 0.2464 | 0.2476 |
| October | 0.2482 | 0.2441 | 0.2461 |
| November | 0.2452 | 0.2416 | 0.2433 |
| December | 0.2427 | 0.2389 | 0.2411 |