YEARLY HIGH
0.0854 DJF
YEARLY LOW
0.0548 DJF
YEARLY AVERAGE
0.0840 DJF

2024 MMK to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.0854. Conversely, the yearly low was recorded on July 19, dropping to 0.0548.

This high-to-low spread represents a total annual volatility of 0.0307 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0847 to the December average rate of 0.0848, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0854 was down 0.16% compared to the 2023 peak of 0.0856, 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 427 DJF
2023 Average 424 DJF
Yearly Trough Low 274 DJF
Transaction Impact: A difference of 153.30 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0854
0.0788
JanuMarcMayJulySeptNove

MMK to DJF 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 0.0842, compared to 0.0838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0842
H2 Avg (Jul–Dec) 0.0838

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0301 DJF (High: 0.0849 / Low: 0.0548). On the other end, April was the most stable month, with a tight range of 0.0003 DJF (High: 0.0848 / Low: 0.0845).

July Spread (Volatile) ±0.0301
April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0031 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0816) against the same month in 2023 (average: 0.0848), the exchange rate shifted by -0.0032 (-3.75%).

2024 Avg (June) 0.0816
2023 Avg (June) 0.0848

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0850 0.0844 0.0847
February 0.0849 0.0846 0.0847
March 0.0848 0.0845 0.0847
April 0.0848 0.0845 0.0847
May 0.0848 0.0841 0.0846
June 0.0854 0.0716 0.0816
July 0.0849 0.0548 0.0793
August 0.0852 0.0841 0.0847
September 0.0853 0.0847 0.0848
October 0.0852 0.0844 0.0848
November 0.0854 0.0845 0.0848
December 0.0850 0.0845 0.0848