YEARLY HIGH
0.2877 SDG
YEARLY LOW
0.1805 SDG
YEARLY AVERAGE
0.2826 SDG

2024 MMK to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.2877. Conversely, the yearly low was recorded on July 21, dropping to 0.1805.

This high-to-low spread represents a total annual volatility of 0.1072 SDG. From a start-to-finish perspective, comparing the January average rate of 0.2862 to the December average rate of 0.2867, the exchange rate registered a net change of 0.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2877 was down 0.55% compared to the 2023 peak of 0.2893, 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 1,438 SDG
2023 Average 1,421 SDG
Yearly Trough Low 902 SDG
Transaction Impact: A difference of 536.09 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2888
0.2632
JanuMarcMayJulySeptNove

MMK to SDG 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 0.2820, compared to 0.2831 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.2820
H2 Avg (Jul–Dec) 0.2831

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1062 SDG (High: 0.2867 / Low: 0.1805). On the other end, December was the most stable month, with a tight range of 0.0000 SDG (High: 0.2867 / Low: 0.2867).

July Spread (Volatile) ±0.1062
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0131 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.2853) against the same month in 2023 (average: 0.2859), the exchange rate shifted by -0.0006 (-0.20%).

2024 Avg (May) 0.2853
2023 Avg (May) 0.2859

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2870 0.2854 0.2862
February 0.2868 0.2834 0.2861
March 0.2875 0.2781 0.2829
April 0.2861 0.2784 0.2794
May 0.2877 0.2716 0.2853
June 0.2867 0.2421 0.2722
July 0.2867 0.1805 0.2654
August 0.2867 0.2867 0.2867
September 0.2867 0.2867 0.2867
October 0.2867 0.2867 0.2867
November 0.2867 0.2867 0.2867
December 0.2867 0.2867 0.2867