2024 MMK to INR Historical Review

YEARLY HIGH

0.0409 INR

YEARLY LOW

0.0258 INR

YEARLY AVERAGE

0.0395 INR

2024 MMK to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0409. Conversely, the yearly low was recorded on July 20, dropping to 0.0258.

This high-to-low spread represents a total annual volatility of 0.0151 INR. From a start-to-finish perspective, comparing the January average rate of 0.0396 to the December average rate of 0.0405, the exchange rate registered a net change of 2.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0409 was up 2.41% compared to the 2023 peak of 0.0399, 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 204 INR

2023 Average 197 INR

Yearly Trough Low 129 INR

Transaction Impact: A difference of 75.51 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0408

0.0370

JanuMarcMayJulySeptNove

MMK to INR 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 0.0394, compared to 0.0397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0394

H2 Avg (Jul–Dec) 0.0397

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0141 INR (High: 0.0399 / Low: 0.0258). On the other end, October was the most stable month, with a tight range of 0.0001 INR (High: 0.0401 / Low: 0.0400).

July Spread (Volatile) ±0.0141

October Spread (Stable) ±0.0001

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 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0405) against the same month in 2023 (average: 0.0396), the exchange rate shifted by +0.0009 (+2.32%).

2024 Avg (December) 0.0405

2023 Avg (December) 0.0396

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0397	0.0395	0.0396
February	0.0396	0.0392	0.0395
March	0.0400	0.0394	0.0396
April	0.0399	0.0396	0.0397
May	0.0399	0.0395	0.0397
June	0.0399	0.0336	0.0383
July	0.0399	0.0258	0.0373
August	0.0400	0.0399	0.0400
September	0.0400	0.0398	0.0399
October	0.0401	0.0400	0.0401
November	0.0403	0.0401	0.0402
December	0.0409	0.0403	0.0405