2024 MMK to THB Historical Review

YEARLY HIGH

0.0177 THB

YEARLY LOW

0.0112 THB

YEARLY AVERAGE

0.0167 THB

2024 MMK to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0177. Conversely, the yearly low was recorded on July 21, dropping to 0.0112.

This high-to-low spread represents a total annual volatility of 0.0065 THB. From a start-to-finish perspective, comparing the January average rate of 0.0168 to the December average rate of 0.0163, the exchange rate registered a net change of -2.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0177 was up 0.20% compared to the 2023 peak of 0.0177, 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 89 THB

2023 Average 83 THB

Yearly Trough Low 56 THB

Transaction Impact: A difference of 32.65 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0177

0.0157

JanuMarcMayJulySeptNove

MMK to THB 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 0.0171, compared to 0.0162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0171

H2 Avg (Jul–Dec) 0.0162

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0061 THB (High: 0.0173 / Low: 0.0112). On the other end, April was the most stable month, with a tight range of 0.0004 THB (High: 0.0177 / Low: 0.0173).

July Spread (Volatile) ±0.0061

April Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0175) against the same month in 2023 (average: 0.0163), the exchange rate shifted by +0.0012 (+7.49%).

2024 Avg (April) 0.0175

2023 Avg (April) 0.0163

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0170	0.0163	0.0168
February	0.0172	0.0168	0.0171
March	0.0174	0.0168	0.0171
April	0.0177	0.0173	0.0175
May	0.0176	0.0172	0.0174
June	0.0176	0.0148	0.0168
July	0.0173	0.0112	0.0162
August	0.0170	0.0161	0.0165
September	0.0163	0.0154	0.0159
October	0.0161	0.0155	0.0159
November	0.0167	0.0160	0.0164
December	0.0165	0.0161	0.0163