2024 MMK to KRW Historical Review

YEARLY HIGH

0.7046 KRW

YEARLY LOW

0.4280 KRW

YEARLY AVERAGE

0.6443 KRW

2024 MMK to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.7046. Conversely, the yearly low was recorded on July 20, dropping to 0.4280.

This high-to-low spread represents a total annual volatility of 0.2766 KRW. From a start-to-finish perspective, comparing the January average rate of 0.6309 to the December average rate of 0.6867, the exchange rate registered a net change of 8.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7046 was up 8.85% compared to the 2023 peak of 0.6474, 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 3,523 KRW

2023 Average 3,112 KRW

Yearly Trough Low 2,140 KRW

Transaction Impact: A difference of 1,383.07 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6937

0.6095

JanuMarcMayJulySeptNove

MMK to KRW 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 0.6394, compared to 0.6492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 0.6394

H2 Avg (Jul–Dec) 0.6492

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.2335 KRW (High: 0.6615 / Low: 0.4280). On the other end, February was the most stable month, with a tight range of 0.0078 KRW (High: 0.6387 / Low: 0.6309).

July Spread (Volatile) ±0.2335

February Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.0173 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6867) against the same month in 2023 (average: 0.6191), the exchange rate shifted by +0.0676 (+10.93%).

2024 Avg (December) 0.6867

2023 Avg (December) 0.6191

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6406	0.6081	0.6309
February	0.6387	0.6309	0.6344
March	0.6432	0.6243	0.6349
April	0.6631	0.6411	0.6526
May	0.6589	0.6416	0.6497
June	0.6643	0.5565	0.6339
July	0.6615	0.4280	0.6166
August	0.6560	0.6315	0.6435
September	0.6408	0.6245	0.6340
October	0.6622	0.6316	0.6492
November	0.6713	0.6549	0.6649
December	0.7046	0.6652	0.6867