2024 MMK to PKR Historical Review

YEARLY HIGH

0.1343 PKR

YEARLY LOW

0.0856 PKR

YEARLY AVERAGE

0.1316 PKR

2024 MMK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1343. Conversely, the yearly low was recorded on July 20, dropping to 0.0856.

This high-to-low spread represents a total annual volatility of 0.0487 PKR. From a start-to-finish perspective, comparing the January average rate of 0.1333 to the December average rate of 0.1326, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1343 was down 8.33% compared to the 2023 peak of 0.1465, 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 672 PKR

2023 Average 666 PKR

Yearly Trough Low 428 PKR

Transaction Impact: A difference of 243.67 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1342

0.1232

JanuMarcMayJulySeptNove

MMK to PKR 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 0.1319, compared to 0.1312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1319

H2 Avg (Jul–Dec) 0.1312

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0473 PKR (High: 0.1329 / Low: 0.0856). On the other end, October was the most stable month, with a tight range of 0.0005 PKR (High: 0.1328 / Low: 0.1323).

July Spread (Volatile) ±0.0473

October Spread (Stable) ±0.0005

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 May and June, when the average rate fell by 0.0048 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1333) against the same month in 2023 (average: 0.1113), the exchange rate shifted by +0.0220 (+19.78%).

2024 Avg (January) 0.1333

2023 Avg (January) 0.1113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1343	0.1320	0.1333
February	0.1334	0.1318	0.1328
March	0.1332	0.1323	0.1328
April	0.1328	0.1322	0.1325
May	0.1330	0.1320	0.1325
June	0.1333	0.1120	0.1278
July	0.1329	0.0856	0.1242
August	0.1330	0.1318	0.1327
September	0.1329	0.1322	0.1326
October	0.1328	0.1323	0.1324
November	0.1330	0.1322	0.1325
December	0.1330	0.1321	0.1326