2024 MMK to STD Historical Review

YEARLY HIGH

10.6661 STD

YEARLY LOW

6.8623 STD

YEARLY AVERAGE

10.5277 STD

2024 MMK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 10.6661. Conversely, the yearly low was recorded on July 21, dropping to 6.8623.

This high-to-low spread represents a total annual volatility of 3.8038 STD. From a start-to-finish perspective, comparing the January average rate of 10.6124 to the December average rate of 10.6205, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.6661 was down 3.24% compared to the 2023 peak of 11.0229, 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 53,330 STD

2023 Average 53,812 STD

Yearly Trough Low 34,311 STD

Transaction Impact: A difference of 19,019.12 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.6886

9.8717

JanuMarcMayJulySeptNove

MMK to STD 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 10.5483, compared to 10.5070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0413 points.

H1 Avg (Jan–Jun) 10.5483

H2 Avg (Jul–Dec) 10.5070

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 3.7582 STD (High: 10.6205 / Low: 6.8623). On the other end, December was the most stable month, with a tight range of 0.0000 STD (High: 10.6205 / Low: 10.6205).

July Spread (Volatile) ±3.7582

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 0.3898 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.3898

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 10.6138) against the same month in 2023 (average: 10.8736), the exchange rate shifted by -0.2598 (-2.39%).

2024 Avg (May) 10.6138

2023 Avg (May) 10.8736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6402	10.5805	10.6124
February	10.6320	10.5139	10.6086
March	10.6578	10.5827	10.6163
April	10.6395	10.5841	10.6147
May	10.6661	10.5905	10.6138
June	10.6292	8.9776	10.2241
July	10.6205	6.8623	9.9397
August	10.6205	10.6205	10.6205
September	10.6205	10.6205	10.6205
October	10.6205	10.6205	10.6205
November	10.6205	10.6205	10.6205
December	10.6205	10.6205	10.6205