YEARLY HIGH
0.0022 PLN
YEARLY LOW
0.0012 PLN
YEARLY AVERAGE
0.0019 PLN

2024 MMK to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0022. Conversely, the yearly low was recorded on July 21, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0010 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0019 to the December average rate of 0.0019, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0022 was up 2.51% compared to the 2023 peak of 0.0021, 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 11 PLN
2023 Average 10 PLN
Yearly Trough Low 6 PLN
Transaction Impact: A difference of 4.88 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0020
0.0017
JanuMarcMayJulySeptNove

MMK to PLN 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 0.0019, compared to 0.0019 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) 0.0019
H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0007 PLN (High: 0.0019 / Low: 0.0012). On the other end, February was the most stable month, with a tight range of 0.0000 PLN (High: 0.0019 / Low: 0.0019).

July Spread (Volatile) ±0.0007
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and November, 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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0019) against the same month in 2023 (average: 0.0021), the exchange rate shifted by -0.0001 (-7.26%).

2024 Avg (January) 0.0019
2023 Avg (January) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0022 0.0019 0.0019
February 0.0019 0.0019 0.0019
March 0.0019 0.0019 0.0019
April 0.0020 0.0019 0.0019
May 0.0019 0.0019 0.0019
June 0.0020 0.0016 0.0018
July 0.0019 0.0012 0.0018
August 0.0019 0.0018 0.0019
September 0.0019 0.0018 0.0018
October 0.0019 0.0018 0.0019
November 0.0020 0.0019 0.0019
December 0.0020 0.0019 0.0019