YEARLY HIGH
0.0092 LSL
YEARLY LOW
0.0056 LSL
YEARLY AVERAGE
0.0087 LSL

2024 MMK to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.0092. Conversely, the yearly low was recorded on July 20, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0036 LSL. From a start-to-finish perspective, comparing the January average rate of 0.0090 to the December average rate of 0.0087, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0092 was down 2.31% compared to the 2023 peak of 0.0094, 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 46 LSL
2023 Average 44 LSL
Yearly Trough Low 28 LSL
Transaction Impact: A difference of 17.79 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0091
0.0080
JanuMarcMayJulySeptNove

MMK to LSL 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 0.0089, compared to 0.0085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0089
H2 Avg (Jul–Dec) 0.0085

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0032 LSL (High: 0.0088 / Low: 0.0056). On the other end, October was the most stable month, with a tight range of 0.0002 LSL (High: 0.0085 / Low: 0.0082).

July Spread (Volatile) ±0.0032
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0090) against the same month in 2023 (average: 0.0085), the exchange rate shifted by +0.0005 (+5.99%).

2024 Avg (February) 0.0090
2023 Avg (February) 0.0085

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0091 0.0088 0.0090
February 0.0092 0.0089 0.0090
March 0.0091 0.0088 0.0090
April 0.0091 0.0088 0.0090
May 0.0089 0.0086 0.0088
June 0.0091 0.0073 0.0085
July 0.0088 0.0056 0.0081
August 0.0089 0.0084 0.0086
September 0.0085 0.0082 0.0084
October 0.0085 0.0082 0.0084
November 0.0087 0.0083 0.0085
December 0.0090 0.0084 0.0087