YEARLY HIGH
0.0157 TWD
YEARLY LOW
0.0101 TWD
YEARLY AVERAGE
0.0152 TWD

2024 MMK to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.0157. Conversely, the yearly low was recorded on July 20, dropping to 0.0101.

This high-to-low spread represents a total annual volatility of 0.0056 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0149 to the December average rate of 0.0155, the exchange rate registered a net change of 4.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0157 was up 1.06% compared to the 2023 peak of 0.0155, 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 78 TWD
2023 Average 74 TWD
Yearly Trough Low 51 TWD
Transaction Impact: A difference of 27.82 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0156
0.0145
JanuMarcMayJulySeptNove

MMK to TWD 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 0.0151, compared to 0.0152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0151
H2 Avg (Jul–Dec) 0.0152

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0056 TWD (High: 0.0157 / Low: 0.0101). On the other end, October was the most stable month, with a tight range of 0.0002 TWD (High: 0.0154 / Low: 0.0152).

July Spread (Volatile) ±0.0056
October Spread (Stable) ±0.0002

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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0146) against the same month in 2023 (average: 0.0149), the exchange rate shifted by -0.0003 (-2.11%).

2024 Avg (July) 0.0146
2023 Avg (July) 0.0149

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0150 0.0146 0.0149
February 0.0151 0.0148 0.0150
March 0.0153 0.0149 0.0151
April 0.0155 0.0152 0.0154
May 0.0155 0.0153 0.0154
June 0.0155 0.0131 0.0149
July 0.0157 0.0101 0.0146
August 0.0156 0.0151 0.0154
September 0.0153 0.0151 0.0152
October 0.0154 0.0152 0.0153
November 0.0155 0.0152 0.0154
December 0.0156 0.0154 0.0155