2024 MMK to VND Historical Review

YEARLY HIGH

12.1820 VND

YEARLY LOW

7.7998 VND

YEARLY AVERAGE

11.8366 VND

2024 MMK to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 12.1820. Conversely, the yearly low was recorded on July 21, dropping to 7.7998.

This high-to-low spread represents a total annual volatility of 4.3821 VND. From a start-to-finish perspective, comparing the January average rate of 11.6599 to the December average rate of 12.1168, the exchange rate registered a net change of 3.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.1820 was up 3.41% compared to the 2023 peak of 11.7803, 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 60,910 VND

2023 Average 56,778 VND

Yearly Trough Low 38,999 VND

Transaction Impact: A difference of 21,910.67 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.1994

11.2393

JanuMarcMayJulySeptNove

MMK to VND 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 11.8155, compared to 11.8577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0422 points.

H1 Avg (Jan–Jun) 11.8155

H2 Avg (Jul–Dec) 11.8577

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 4.2901 VND (High: 12.0899 / Low: 7.7998). On the other end, December was the most stable month, with a tight range of 0.0672 VND (High: 12.1479 / Low: 12.0807).

July Spread (Volatile) ±4.2901

December Spread (Stable) ±0.0672

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.4444 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 12.1194) against the same month in 2023 (average: 11.1793), the exchange rate shifted by +0.9401 (+8.41%).

2024 Avg (May) 12.1194

2023 Avg (May) 11.1793

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.7210	11.5241	11.6599
February	11.7527	11.4906	11.6632
March	11.8484	11.7349	11.7796
April	12.1434	11.8092	11.9960
May	12.1820	12.0706	12.1194
June	12.1436	10.2561	11.6750
July	12.0899	7.7998	11.3193
August	12.0228	11.8347	11.9340
September	11.8565	11.6982	11.7462
October	12.1114	11.7299	11.9396
November	12.1176	12.0471	12.0905
December	12.1479	12.0807	12.1168