YEARLY HIGH
0.4308 KPW
YEARLY LOW
0.2772 KPW
YEARLY AVERAGE
0.4252 KPW

2024 MMK to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.4308. Conversely, the yearly low was recorded on July 21, dropping to 0.2772.

This high-to-low spread represents a total annual volatility of 0.1536 KPW. From a start-to-finish perspective, comparing the January average rate of 0.4287 to the December average rate of 0.4290, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4308 was down 0.88% compared to the 2023 peak of 0.4347, 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 2,154 KPW
2023 Average 2,144 KPW
Yearly Trough Low 1,386 KPW
Transaction Impact: A difference of 768.21 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4317
0.3987
JanuMarcMayJulySeptNove

MMK to KPW 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 0.4261, compared to 0.4244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.4261
H2 Avg (Jul–Dec) 0.4244

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1518 KPW (High: 0.4290 / Low: 0.2772). On the other end, December was the most stable month, with a tight range of 0.0000 KPW (High: 0.4290 / Low: 0.4290).

July Spread (Volatile) ±0.1518
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0157 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.4287) against the same month in 2023 (average: 0.4288), the exchange rate shifted by -0.0001 (-0.01%).

2024 Avg (May) 0.4287
2023 Avg (May) 0.4288

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4298 0.4274 0.4287
February 0.4294 0.4247 0.4285
March 0.4305 0.4275 0.4288
April 0.4297 0.4275 0.4287
May 0.4308 0.4278 0.4287
June 0.4293 0.3626 0.4130
July 0.4290 0.2772 0.4015
August 0.4290 0.4290 0.4290
September 0.4290 0.4290 0.4290
October 0.4290 0.4290 0.4290
November 0.4290 0.4290 0.4290
December 0.4290 0.4290 0.4290