YEARLY HIGH
0.0072 SCR
YEARLY LOW
0.0042 SCR
YEARLY AVERAGE
0.0065 SCR

2024 MMK to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0072. Conversely, the yearly low was recorded on July 20, dropping to 0.0042.

This high-to-low spread represents a total annual volatility of 0.0030 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0067, the exchange rate registered a net change of 5.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0072 was up 5.72% compared to the 2023 peak of 0.0068, 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 36 SCR
2023 Average 32 SCR
Yearly Trough Low 21 SCR
Transaction Impact: A difference of 14.96 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0068
0.0061
JanuMarcMayJulySeptNove

MMK to SCR 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 0.0064, compared to 0.0065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0064
H2 Avg (Jul–Dec) 0.0065

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0024 SCR (High: 0.0066 / Low: 0.0042). On the other end, May was the most stable month, with a tight range of 0.0002 SCR (High: 0.0066 / Low: 0.0064).

July Spread (Volatile) ±0.0024
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0067) against the same month in 2023 (average: 0.0064), the exchange rate shifted by +0.0003 (+5.29%).

2024 Avg (December) 0.0067
2023 Avg (December) 0.0064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0066 0.0062 0.0064
February 0.0066 0.0063 0.0064
March 0.0068 0.0063 0.0065
April 0.0069 0.0064 0.0065
May 0.0066 0.0064 0.0065
June 0.0070 0.0055 0.0063
July 0.0066 0.0042 0.0062
August 0.0072 0.0061 0.0065
September 0.0067 0.0061 0.0064
October 0.0072 0.0062 0.0065
November 0.0068 0.0064 0.0066
December 0.0072 0.0063 0.0067