2024 MMK to YER Historical Review

YEARLY HIGH

0.1198 YER

YEARLY LOW

0.0771 YER

YEARLY AVERAGE

0.1183 YER

2024 MMK to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.1198. Conversely, the yearly low was recorded on July 20, dropping to 0.0771.

This high-to-low spread represents a total annual volatility of 0.0427 YER. From a start-to-finish perspective, comparing the January average rate of 0.1192 to the December average rate of 0.1192, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1198 was down 0.92% compared to the 2023 peak of 0.1209, 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 599 YER

2023 Average 596 YER

Yearly Trough Low 385 YER

Transaction Impact: A difference of 213.42 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1201

0.1109

JanuMarcMayJulySeptNove

MMK to YER 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 0.1185, compared to 0.1180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1185

H2 Avg (Jul–Dec) 0.1180

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0422 YER (High: 0.1193 / Low: 0.0771). On the other end, September was the most stable month, with a tight range of 0.0000 YER (High: 0.1193 / Low: 0.1193).

July Spread (Volatile) ±0.0422

September 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 0.0043 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1193) against the same month in 2023 (average: 0.1194), the exchange rate shifted by -0.0001 (-0.07%).

2024 Avg (March) 0.1193

2023 Avg (March) 0.1194

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1196	0.1188	0.1192
February	0.1195	0.1181	0.1192
March	0.1198	0.1189	0.1193
April	0.1196	0.1189	0.1193
May	0.1196	0.1189	0.1192
June	0.1194	0.1009	0.1149
July	0.1193	0.0771	0.1117
August	0.1194	0.1191	0.1193
September	0.1193	0.1193	0.1193
October	0.1194	0.1193	0.1193
November	0.1193	0.1191	0.1191
December	0.1194	0.1191	0.1192