2024 MMK to NPR Historical Review

YEARLY HIGH

0.0653 NPR

YEARLY LOW

0.0412 NPR

YEARLY AVERAGE

0.0632 NPR

2024 MMK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0653. Conversely, the yearly low was recorded on July 20, dropping to 0.0412.

This high-to-low spread represents a total annual volatility of 0.0241 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0633 to the December average rate of 0.0648, the exchange rate registered a net change of 2.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0653 was up 2.79% compared to the 2023 peak of 0.0636, 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 327 NPR

2023 Average 315 NPR

Yearly Trough Low 206 NPR

Transaction Impact: A difference of 120.63 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0653

0.0591

JanuMarcMayJulySeptNove

MMK to NPR 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 0.0630, compared to 0.0635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0630

H2 Avg (Jul–Dec) 0.0635

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0227 NPR (High: 0.0639 / Low: 0.0412). On the other end, October was the most stable month, with a tight range of 0.0004 NPR (High: 0.0643 / Low: 0.0639).

July Spread (Volatile) ±0.0227

October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and May, 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 0.0023 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0648) against the same month in 2023 (average: 0.0634), the exchange rate shifted by +0.0014 (+2.13%).

2024 Avg (December) 0.0648

2023 Avg (December) 0.0634

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0640	0.0631	0.0633
February	0.0636	0.0631	0.0632
March	0.0638	0.0629	0.0633
April	0.0637	0.0633	0.0635
May	0.0639	0.0633	0.0635
June	0.0640	0.0537	0.0613
July	0.0639	0.0412	0.0596
August	0.0641	0.0633	0.0639
September	0.0641	0.0636	0.0639
October	0.0643	0.0639	0.0641
November	0.0647	0.0641	0.0643
December	0.0653	0.0644	0.0648