2024 MMK to MVR Historical Review

YEARLY HIGH

0.0074 MVR

YEARLY LOW

0.0047 MVR

YEARLY AVERAGE

0.0073 MVR

2024 MMK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0074. Conversely, the yearly low was recorded on July 21, dropping to 0.0047.

This high-to-low spread represents a total annual volatility of 0.0027 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0073, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0074 was down 0.45% compared to the 2023 peak of 0.0074, 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 37 MVR

2023 Average 37 MVR

Yearly Trough Low 24 MVR

Transaction Impact: A difference of 13.38 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0074

0.0068

JanuMarcMayJulySeptNove

MMK to MVR 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 0.0073, compared to 0.0073 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) 0.0073

H2 Avg (Jul–Dec) 0.0073

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0026 MVR (High: 0.0073 / Low: 0.0047). On the other end, October was the most stable month, with a tight range of 0.0000 MVR (High: 0.0073 / Low: 0.0073).

July Spread (Volatile) ±0.0026

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, 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 (March 2024: 0.0074) against the same month in 2023 (average: 0.0073), the exchange rate shifted by +0.0000 (+0.29%).

2024 Avg (March) 0.0074

2023 Avg (March) 0.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0074	0.0073	0.0073
February	0.0073	0.0073	0.0073
March	0.0074	0.0073	0.0074
April	0.0074	0.0073	0.0074
May	0.0074	0.0069	0.0073
June	0.0074	0.0062	0.0071
July	0.0073	0.0047	0.0069
August	0.0074	0.0073	0.0073
September	0.0073	0.0073	0.0073
October	0.0073	0.0073	0.0073
November	0.0074	0.0073	0.0074
December	0.0074	0.0073	0.0073