2024 MMK to SRD Historical Review

YEARLY HIGH

0.0176 SRD

YEARLY LOW

0.0091 SRD

YEARLY AVERAGE

0.0157 SRD

2024 MMK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0176. Conversely, the yearly low was recorded on July 20, dropping to 0.0091.

This high-to-low spread represents a total annual volatility of 0.0085 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0175 to the December average rate of 0.0168, the exchange rate registered a net change of -3.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0176 was down 4.27% compared to the 2023 peak of 0.0184, 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 88 SRD

2023 Average 87 SRD

Yearly Trough Low 46 SRD

Transaction Impact: A difference of 42.45 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0179

0.0128

JanuMarcMayJulySeptNove

MMK to SRD 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 0.0163, compared to 0.0150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0163

H2 Avg (Jul–Dec) 0.0150

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0049 SRD (High: 0.0140 / Low: 0.0091). On the other end, August was the most stable month, with a tight range of 0.0001 SRD (High: 0.0138 / Low: 0.0137).

July Spread (Volatile) ±0.0049

August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0012 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0175) against the same month in 2023 (average: 0.0152), the exchange rate shifted by +0.0023 (+15.34%).

2024 Avg (January) 0.0175

2023 Avg (January) 0.0152

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0176	0.0173	0.0175
February	0.0175	0.0168	0.0172
March	0.0169	0.0166	0.0168
April	0.0167	0.0161	0.0165
May	0.0161	0.0153	0.0155
June	0.0154	0.0123	0.0144
July	0.0140	0.0091	0.0132
August	0.0138	0.0137	0.0137
September	0.0146	0.0138	0.0142
October	0.0164	0.0146	0.0155
November	0.0169	0.0164	0.0168
December	0.0169	0.0167	0.0168