2024 MMK to RUB Historical Review

YEARLY HIGH

0.0542 RUB

YEARLY LOW

0.0270 RUB

YEARLY AVERAGE

0.0439 RUB

2024 MMK to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0542. Conversely, the yearly low was recorded on July 20, dropping to 0.0270.

This high-to-low spread represents a total annual volatility of 0.0272 RUB. From a start-to-finish perspective, comparing the January average rate of 0.0426 to the December average rate of 0.0495, the exchange rate registered a net change of 16.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0542 was up 12.22% compared to the 2023 peak of 0.0483, 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 271 RUB

2023 Average 204 RUB

Yearly Trough Low 135 RUB

Transaction Impact: A difference of 136.13 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0505

0.0379

JanuMarcMayJulySeptNove

MMK to RUB 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 0.0430, compared to 0.0447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0430

H2 Avg (Jul–Dec) 0.0447

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0149 RUB (High: 0.0419 / Low: 0.0270). On the other end, March was the most stable month, with a tight range of 0.0010 RUB (High: 0.0443 / Low: 0.0432).

July Spread (Volatile) ±0.0149

March Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0029 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0495) against the same month in 2023 (average: 0.0433), the exchange rate shifted by +0.0062 (+14.21%).

2024 Avg (December) 0.0495

2023 Avg (December) 0.0433

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0438	0.0418	0.0426
February	0.0452	0.0429	0.0437
March	0.0443	0.0432	0.0438
April	0.0449	0.0438	0.0443
May	0.0445	0.0421	0.0434
June	0.0431	0.0342	0.0405
July	0.0419	0.0270	0.0389
August	0.0439	0.0405	0.0424
September	0.0449	0.0417	0.0435
October	0.0465	0.0450	0.0459
November	0.0539	0.0458	0.0481
December	0.0542	0.0471	0.0495