YEARLY HIGH
0.0012 TOP
YEARLY LOW
0.0007 TOP
YEARLY AVERAGE
0.0011 TOP

2024 MMK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.0012. Conversely, the yearly low was recorded on July 21, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0004 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0011 to the December average rate of 0.0011, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0012 was down 0.02% compared to the 2023 peak of 0.0012, 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 6 TOP
2023 Average 6 TOP
Yearly Trough Low 4 TOP
Transaction Impact: A difference of 2.11 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0011
0.0010
JanuMarcMayJulySeptNove

MMK to TOP 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 0.0011, compared to 0.0011 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) 0.0011
H2 Avg (Jul–Dec) 0.0011

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0004 TOP (High: 0.0011 / Low: 0.0007). On the other end, December was the most stable month, with a tight range of 0.0000 TOP (High: 0.0011 / Low: 0.0011).

July Spread (Volatile) ±0.0004
December Spread (Stable) ±0.0000

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 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 (April 2024: 0.0011) against the same month in 2023 (average: 0.0011), the exchange rate shifted by +0.0000 (+1.25%).

2024 Avg (April) 0.0011
2023 Avg (April) 0.0011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0011 0.0011 0.0011
February 0.0011 0.0011 0.0011
March 0.0011 0.0011 0.0011
April 0.0012 0.0011 0.0011
May 0.0011 0.0011 0.0011
June 0.0011 0.0010 0.0011
July 0.0011 0.0007 0.0011
August 0.0011 0.0011 0.0011
September 0.0011 0.0011 0.0011
October 0.0011 0.0011 0.0011
November 0.0011 0.0011 0.0011
December 0.0011 0.0011 0.0011