2024 MMK to GBP Historical Review

YEARLY HIGH

0.0004 GBP

YEARLY LOW

0.0002 GBP

YEARLY AVERAGE

0.0004 GBP

2024 MMK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.0004. Conversely, the yearly low was recorded on July 21, dropping to 0.0002.

This high-to-low spread represents a total annual volatility of 0.0001 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0004 to the December average rate of 0.0004, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0004 was down 4.19% compared to the 2023 peak of 0.0004, 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 2 GBP

2023 Average 2 GBP

Yearly Trough Low 1 GBP

Transaction Impact: A difference of 0.74 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0004

0.0003

JanuMarcMayJulySeptNove

MMK to GBP 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 0.0004, compared to 0.0004 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) 0.0004

H2 Avg (Jul–Dec) 0.0004

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0001 GBP (High: 0.0004 / Low: 0.0002). On the other end, January was the most stable month, with a tight range of 0.0000 GBP (High: 0.0004 / Low: 0.0004).

July Spread (Volatile) ±0.0001

January Spread (Stable) ±0.0000

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 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 (April 2024: 0.0004) against the same month in 2023 (average: 0.0004), the exchange rate shifted by -0.0000 (-0.57%).

2024 Avg (April) 0.0004

2023 Avg (April) 0.0004

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0004	0.0004	0.0004
February	0.0004	0.0004	0.0004
March	0.0004	0.0004	0.0004
April	0.0004	0.0004	0.0004
May	0.0004	0.0004	0.0004
June	0.0004	0.0003	0.0004
July	0.0004	0.0002	0.0003
August	0.0004	0.0004	0.0004
September	0.0004	0.0004	0.0004
October	0.0004	0.0004	0.0004
November	0.0004	0.0004	0.0004
December	0.0004	0.0004	0.0004