YEARLY HIGH
0.2742 SOS
YEARLY LOW
0.1759 SOS
YEARLY AVERAGE
0.2699 SOS

2024 MMK to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.2742. Conversely, the yearly low was recorded on July 20, dropping to 0.1759.

This high-to-low spread represents a total annual volatility of 0.0983 SOS. From a start-to-finish perspective, comparing the January average rate of 0.2721 to the December average rate of 0.2723, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2742 was up 0.16% compared to the 2023 peak of 0.2738, 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 1,371 SOS
2023 Average 1,356 SOS
Yearly Trough Low 879 SOS
Transaction Impact: A difference of 491.63 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2742
0.2530
JanuMarcMayJulySeptNove

MMK to SOS 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 0.2705, compared to 0.2694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.2705
H2 Avg (Jul–Dec) 0.2694

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0966 SOS (High: 0.2725 / Low: 0.1759). On the other end, April was the most stable month, with a tight range of 0.0004 SOS (High: 0.2724 / Low: 0.2720).

July Spread (Volatile) ±0.0966
April Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and November, 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 0.0098 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.2622) against the same month in 2023 (average: 0.2709), the exchange rate shifted by -0.0087 (-3.20%).

2024 Avg (June) 0.2622
2023 Avg (June) 0.2709

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2724 0.2711 0.2721
February 0.2740 0.2718 0.2722
March 0.2726 0.2718 0.2722
April 0.2724 0.2720 0.2722
May 0.2726 0.2707 0.2720
June 0.2742 0.2300 0.2622
July 0.2725 0.1759 0.2548
August 0.2733 0.2699 0.2719
September 0.2738 0.2717 0.2724
October 0.2735 0.2722 0.2725
November 0.2739 0.2719 0.2725
December 0.2728 0.2713 0.2723