2024 MUR to MMK Historical Review

YEARLY HIGH

69.5736 MMK

YEARLY LOW

43.9585 MMK

YEARLY AVERAGE

45.9206 MMK

2024 MUR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 69.5736. Conversely, the yearly low was recorded on April 15, dropping to 43.9585.

This high-to-low spread represents a total annual volatility of 25.6151 MMK. From a start-to-finish perspective, comparing the January average rate of 47.0035 to the December average rate of 44.7906, the exchange rate registered a net change of -4.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 69.5736 was up 44.54% compared to the 2023 peak of 48.1356, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MUR based on timing:

Yearly Peak High 347,868 MMK

2023 Average 232,782 MMK

Yearly Trough Low 219,792 MMK

Transaction Impact: A difference of 128,075.52 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

49.1029

44.3985

JanuMarcMayJulySeptNove

MUR to MMK 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 46.0378, compared to 45.8033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2345 points.

H1 Avg (Jan–Jun) 46.0378

H2 Avg (Jul–Dec) 45.8033

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 24.7637 MMK (High: 69.5736 / Low: 44.8099). On the other end, May was the most stable month, with a tight range of 0.5053 MMK (High: 45.7881 / Low: 45.2828).

July Spread (Volatile) ±24.7637

May Spread (Stable) ±0.5053

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 3.4225 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.4225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 48.7109) against the same month in 2023 (average: 46.0288), the exchange rate shifted by +2.6821 (+5.83%).

2024 Avg (July) 48.7109

2023 Avg (July) 46.0288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	47.7194	45.7528	47.0035
February	46.6350	44.6833	45.8110
March	49.6698	45.1440	45.7300
April	45.5919	43.9585	45.1881
May	45.7881	45.2828	45.5288
June	52.9192	44.4964	46.9656
July	69.5736	44.8099	48.7109
August	45.5592	44.8770	45.2884
September	45.9685	44.9925	45.6143
October	45.7380	45.0408	45.3781
November	45.7779	44.2336	45.0378
December	45.1668	44.4492	44.7906