2024 MMK to LKR Historical Review

YEARLY HIGH

0.1542 LKR

YEARLY LOW

0.0934 LKR

YEARLY AVERAGE

0.1426 LKR

2024 MMK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1542. Conversely, the yearly low was recorded on July 20, dropping to 0.0934.

This high-to-low spread represents a total annual volatility of 0.0608 LKR. From a start-to-finish perspective, comparing the January average rate of 0.1529 to the December average rate of 0.1390, the exchange rate registered a net change of -9.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1542 was down 12.08% compared to the 2023 peak of 0.1754, 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 771 LKR

2023 Average 782 LKR

Yearly Trough Low 467 LKR

Transaction Impact: A difference of 304.02 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1546

0.1337

JanuMarcMayJulySeptNove

MMK to LKR 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 0.1452, compared to 0.1400 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.1452

H2 Avg (Jul–Dec) 0.1400

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0515 LKR (High: 0.1450 / Low: 0.0934). On the other end, October was the most stable month, with a tight range of 0.0010 LKR (High: 0.1406 / Low: 0.1395).

July Spread (Volatile) ±0.0515

October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between July and September, 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 January and February, when the average rate fell by 0.0042 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1529) against the same month in 2023 (average: 0.1741), the exchange rate shifted by -0.0213 (-12.20%).

2024 Avg (January) 0.1529

2023 Avg (January) 0.1741

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1542	0.1505	0.1529
February	0.1505	0.1475	0.1487
March	0.1477	0.1431	0.1453
April	0.1438	0.1410	0.1424
May	0.1438	0.1413	0.1426
June	0.1456	0.1231	0.1395
July	0.1450	0.0934	0.1354
August	0.1445	0.1418	0.1430
September	0.1455	0.1412	0.1434
October	0.1406	0.1395	0.1399
November	0.1402	0.1382	0.1392
December	0.1413	0.1381	0.1390