2024 MMK to SBD Historical Review

YEARLY HIGH

0.0042 SBD

YEARLY LOW

0.0026 SBD

YEARLY AVERAGE

0.0040 SBD

2024 MMK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0042. Conversely, the yearly low was recorded on July 21, dropping to 0.0026.

This high-to-low spread represents a total annual volatility of 0.0016 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0040 to the December average rate of 0.0040, the exchange rate registered a net change of -0.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0042 was up 2.68% compared to the 2023 peak of 0.0041, 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 21 SBD

2023 Average 20 SBD

Yearly Trough Low 13 SBD

Transaction Impact: A difference of 7.81 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0041

0.0037

JanuMarcMayJulySeptNove

MMK to SBD 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 0.0040, compared to 0.0040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0040

H2 Avg (Jul–Dec) 0.0040

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0014 SBD (High: 0.0040 / Low: 0.0026). On the other end, December was the most stable month, with a tight range of 0.0000 SBD (High: 0.0040 / Low: 0.0040).

July Spread (Volatile) ±0.0014

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0040) against the same month in 2023 (average: 0.0039), the exchange rate shifted by +0.0001 (+2.78%).

2024 Avg (March) 0.0040

2023 Avg (March) 0.0039

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0040	0.0040	0.0040
February	0.0041	0.0040	0.0040
March	0.0042	0.0040	0.0040
April	0.0041	0.0040	0.0040
May	0.0041	0.0040	0.0040
June	0.0040	0.0034	0.0039
July	0.0040	0.0026	0.0038
August	0.0041	0.0040	0.0040
September	0.0040	0.0040	0.0040
October	0.0040	0.0039	0.0040
November	0.0040	0.0040	0.0040
December	0.0040	0.0040	0.0040