2024 MMK to CVE Historical Review

YEARLY HIGH

0.0506 CVE

YEARLY LOW

0.0312 CVE

YEARLY AVERAGE

0.0482 CVE

2024 MMK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0506. Conversely, the yearly low was recorded on July 19, dropping to 0.0312.

This high-to-low spread represents a total annual volatility of 0.0195 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0482 to the December average rate of 0.0502, the exchange rate registered a net change of 4.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0506 was up 0.73% compared to the 2023 peak of 0.0503, 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 253 CVE

2023 Average 243 CVE

Yearly Trough Low 156 CVE

Transaction Impact: A difference of 97.31 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0506

0.0449

JanuMarcMayJulySeptNove

MMK to CVE 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 0.0483, compared to 0.0481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0483

H2 Avg (Jul–Dec) 0.0481

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0174 CVE (High: 0.0486 / Low: 0.0312). On the other end, September was the most stable month, with a tight range of 0.0007 CVE (High: 0.0477 / Low: 0.0470).

July Spread (Volatile) ±0.0174

September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0502) against the same month in 2023 (average: 0.0481), the exchange rate shifted by +0.0020 (+4.23%).

2024 Avg (December) 0.0502

2023 Avg (December) 0.0481

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0485	0.0474	0.0482
February	0.0491	0.0482	0.0487
March	0.0488	0.0480	0.0484
April	0.0495	0.0484	0.0489
May	0.0495	0.0482	0.0487
June	0.0493	0.0414	0.0471
July	0.0486	0.0312	0.0454
August	0.0489	0.0470	0.0478
September	0.0477	0.0470	0.0474
October	0.0488	0.0474	0.0483
November	0.0505	0.0483	0.0495
December	0.0506	0.0497	0.0502