YEARLY HIGH
0.0023 LYD
YEARLY LOW
0.0015 LYD
YEARLY AVERAGE
0.0023 LYD

2024 MMK to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0023. Conversely, the yearly low was recorded on July 21, dropping to 0.0015.

This high-to-low spread represents a total annual volatility of 0.0009 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0023 to the December average rate of 0.0023, the exchange rate registered a net change of 1.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0023 was up 0.02% compared to the 2023 peak of 0.0023, 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 12 LYD
2023 Average 11 LYD
Yearly Trough Low 7 LYD
Transaction Impact: A difference of 4.31 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0023
0.0021
JanuMarcMayJulySeptNove

MMK to LYD 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 0.0023, compared to 0.0023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0023
H2 Avg (Jul–Dec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0008 LYD (High: 0.0023 / Low: 0.0015). On the other end, February was the most stable month, with a tight range of 0.0000 LYD (High: 0.0023 / Low: 0.0023).

July Spread (Volatile) ±0.0008
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0023) against the same month in 2023 (average: 0.0023), the exchange rate shifted by +0.0000 (+1.97%).

2024 Avg (December) 0.0023
2023 Avg (December) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0023 0.0023 0.0023
February 0.0023 0.0023 0.0023
March 0.0023 0.0023 0.0023
April 0.0023 0.0023 0.0023
May 0.0023 0.0023 0.0023
June 0.0023 0.0020 0.0022
July 0.0023 0.0015 0.0022
August 0.0023 0.0023 0.0023
September 0.0023 0.0023 0.0023
October 0.0023 0.0023 0.0023
November 0.0023 0.0023 0.0023
December 0.0023 0.0023 0.0023