YEARLY HIGH
0.0013 WST
YEARLY LOW
0.0009 WST
YEARLY AVERAGE
0.0013 WST

2024 MMK to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.0013. Conversely, the yearly low was recorded on July 21, dropping to 0.0009.

This high-to-low spread represents a total annual volatility of 0.0005 WST. From a start-to-finish perspective, comparing the January average rate of 0.0013 to the December average rate of 0.0013, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0013 was down 0.30% compared to the 2023 peak of 0.0013, 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 7 WST
2023 Average 7 WST
Yearly Trough Low 4 WST
Transaction Impact: A difference of 2.39 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0013
0.0012
JanuMarcMayJulySeptNove

MMK to WST 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 0.0013, compared to 0.0013 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) 0.0013
H2 Avg (Jul–Dec) 0.0013

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0005 WST (High: 0.0013 / Low: 0.0009). On the other end, December was the most stable month, with a tight range of 0.0000 WST (High: 0.0013 / Low: 0.0013).

July Spread (Volatile) ±0.0005
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0013) against the same month in 2023 (average: 0.0013), the exchange rate shifted by +0.0000 (+2.72%).

2024 Avg (May) 0.0013
2023 Avg (May) 0.0013

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0013 0.0013 0.0013
February 0.0013 0.0013 0.0013
March 0.0013 0.0013 0.0013
April 0.0013 0.0013 0.0013
May 0.0013 0.0013 0.0013
June 0.0013 0.0011 0.0013
July 0.0013 0.0009 0.0012
August 0.0013 0.0013 0.0013
September 0.0013 0.0013 0.0013
October 0.0013 0.0013 0.0013
November 0.0013 0.0013 0.0013
December 0.0013 0.0013 0.0013