YEARLY HIGH
0.0053 SEK
YEARLY LOW
0.0033 SEK
YEARLY AVERAGE
0.0050 SEK

2024 MMK to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0053. Conversely, the yearly low was recorded on July 21, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0020 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0049 to the December average rate of 0.0052, the exchange rate registered a net change of 6.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0053 was down 0.90% compared to the 2023 peak of 0.0054, 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 27 SEK
2023 Average 25 SEK
Yearly Trough Low 16 SEK
Transaction Impact: A difference of 10.15 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0053
0.0047
JanuMarcMayJulySeptNove

MMK to SEK 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 0.0050, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0050
H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0019 SEK (High: 0.0052 / Low: 0.0033). On the other end, December was the most stable month, with a tight range of 0.0001 SEK (High: 0.0053 / Low: 0.0052).

July Spread (Volatile) ±0.0019
December Spread (Stable) ±0.0001

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 May and June, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0052) against the same month in 2023 (average: 0.0049), the exchange rate shifted by +0.0004 (+7.55%).

2024 Avg (December) 0.0052
2023 Avg (December) 0.0049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0050 0.0048 0.0049
February 0.0050 0.0049 0.0050
March 0.0051 0.0049 0.0050
April 0.0052 0.0050 0.0052
May 0.0052 0.0050 0.0051
June 0.0050 0.0042 0.0048
July 0.0052 0.0033 0.0047
August 0.0051 0.0048 0.0050
September 0.0050 0.0048 0.0049
October 0.0051 0.0049 0.0050
November 0.0053 0.0051 0.0052
December 0.0053 0.0052 0.0052