2024 MMK to SGD Historical Review

YEARLY HIGH

0.0007 SGD

YEARLY LOW

0.0004 SGD

YEARLY AVERAGE

0.0006 SGD

2024 MMK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0007. Conversely, the yearly low was recorded on July 21, dropping to 0.0004.

This high-to-low spread represents a total annual volatility of 0.0002 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0006 to the December average rate of 0.0006, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0007 was down 0.56% compared to the 2023 peak of 0.0007, 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 3 SGD

2023 Average 3 SGD

Yearly Trough Low 2 SGD

Transaction Impact: A difference of 1.19 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0007

0.0006

JanuMarcMayJulySeptNove

MMK to SGD 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 0.0006, compared to 0.0006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0006

H2 Avg (Jul–Dec) 0.0006

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0002 SGD (High: 0.0006 / Low: 0.0004). On the other end, May was the most stable month, with a tight range of 0.0000 SGD (High: 0.0006 / Low: 0.0006).

July Spread (Volatile) ±0.0002

May Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0006) against the same month in 2023 (average: 0.0006), the exchange rate shifted by +0.0000 (+1.68%).

2024 Avg (December) 0.0006

2023 Avg (December) 0.0006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0006	0.0006	0.0006
February	0.0006	0.0006	0.0006
March	0.0006	0.0006	0.0006
April	0.0007	0.0006	0.0006
May	0.0006	0.0006	0.0006
June	0.0006	0.0005	0.0006
July	0.0006	0.0004	0.0006
August	0.0006	0.0006	0.0006
September	0.0006	0.0006	0.0006
October	0.0006	0.0006	0.0006
November	0.0006	0.0006	0.0006
December	0.0007	0.0006	0.0006