2024 MMK to LRD Historical Review

YEARLY HIGH

0.0954 LRD

YEARLY LOW

0.0601 LRD

YEARLY AVERAGE

0.0904 LRD

2024 MMK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.0954. Conversely, the yearly low was recorded on July 19, dropping to 0.0601.

This high-to-low spread represents a total annual volatility of 0.0353 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0901 to the December average rate of 0.0861, the exchange rate registered a net change of -4.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0954 was up 5.90% compared to the 2023 peak of 0.0900, 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 477 LRD

2023 Average 416 LRD

Yearly Trough Low 300 LRD

Transaction Impact: A difference of 176.51 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0939

0.0854

JanuMarcMayJulySeptNove

MMK to LRD 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 0.0909, compared to 0.0899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0909

H2 Avg (Jul–Dec) 0.0899

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0331 LRD (High: 0.0932 / Low: 0.0601). On the other end, May was the most stable month, with a tight range of 0.0006 LRD (High: 0.0926 / Low: 0.0920).

July Spread (Volatile) ±0.0331

May Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0037 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0932) against the same month in 2023 (average: 0.0888), the exchange rate shifted by +0.0045 (+5.03%).

2024 Avg (September) 0.0932

2023 Avg (September) 0.0888

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0906	0.0895	0.0901
February	0.0912	0.0897	0.0907
March	0.0922	0.0912	0.0917
April	0.0922	0.0896	0.0918
May	0.0926	0.0920	0.0922
June	0.0927	0.0783	0.0890
July	0.0932	0.0601	0.0870
August	0.0947	0.0927	0.0932
September	0.0954	0.0923	0.0932
October	0.0924	0.0915	0.0918
November	0.0915	0.0854	0.0882
December	0.0877	0.0853	0.0861