YEARLY HIGH
0.0201 UAH
YEARLY LOW
0.0128 UAH
YEARLY AVERAGE
0.0190 UAH

2024 MMK to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0201. Conversely, the yearly low was recorded on July 20, dropping to 0.0128.

This high-to-low spread represents a total annual volatility of 0.0073 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0180 to the December average rate of 0.0199, the exchange rate registered a net change of 10.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0201 was up 10.66% compared to the 2023 peak of 0.0181, 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 100 UAH
2023 Average 88 UAH
Yearly Trough Low 64 UAH
Transaction Impact: A difference of 36.44 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0201
0.0178
JanuMarcMayJulySeptNove

MMK to UAH 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 0.0185, compared to 0.0195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0185
H2 Avg (Jul–Dec) 0.0195

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0069 UAH (High: 0.0197 / Low: 0.0128). On the other end, October was the most stable month, with a tight range of 0.0001 UAH (High: 0.0198 / Low: 0.0196).

July Spread (Volatile) ±0.0069
October 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 May and June, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0199) against the same month in 2023 (average: 0.0177), the exchange rate shifted by +0.0022 (+12.53%).

2024 Avg (December) 0.0199
2023 Avg (December) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0182 0.0178 0.0180
February 0.0184 0.0179 0.0181
March 0.0187 0.0181 0.0184
April 0.0190 0.0185 0.0188
May 0.0193 0.0187 0.0189
June 0.0194 0.0163 0.0186
July 0.0197 0.0128 0.0183
August 0.0197 0.0195 0.0196
September 0.0198 0.0195 0.0197
October 0.0198 0.0196 0.0197
November 0.0199 0.0196 0.0197
December 0.0201 0.0197 0.0199