2024 MMK to GMD Historical Review

YEARLY HIGH

0.0343 GMD

YEARLY LOW

0.0209 GMD

YEARLY AVERAGE

0.0325 GMD

2024 MMK to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.0343. Conversely, the yearly low was recorded on July 21, dropping to 0.0209.

This high-to-low spread represents a total annual volatility of 0.0134 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0320 to the December average rate of 0.0342, the exchange rate registered a net change of 6.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0343 was up 6.64% compared to the 2023 peak of 0.0322, 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 172 GMD

2023 Average 148 GMD

Yearly Trough Low 104 GMD

Transaction Impact: A difference of 67.19 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0346

0.0299

JanuMarcMayJulySeptNove

MMK to GMD 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 0.0321, compared to 0.0330 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0321

H2 Avg (Jul–Dec) 0.0330

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0122 GMD (High: 0.0331 / Low: 0.0209). On the other end, April was the most stable month, with a tight range of 0.0002 GMD (High: 0.0324 / Low: 0.0323).

July Spread (Volatile) ±0.0122

April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, 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 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0342) against the same month in 2023 (average: 0.0320), the exchange rate shifted by +0.0022 (+6.83%).

2024 Avg (December) 0.0342

2023 Avg (December) 0.0320

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0322	0.0320	0.0320
February	0.0324	0.0318	0.0322
March	0.0325	0.0323	0.0324
April	0.0324	0.0323	0.0323
May	0.0325	0.0322	0.0323
June	0.0323	0.0273	0.0311
July	0.0331	0.0209	0.0303
August	0.0338	0.0329	0.0333
September	0.0338	0.0327	0.0332
October	0.0336	0.0322	0.0330
November	0.0341	0.0336	0.0339
December	0.0343	0.0338	0.0342