2024 MVR to MMK Historical Review

YEARLY HIGH

211.5309 MMK

YEARLY LOW

135.0596 MMK

YEARLY AVERAGE

137.7118 MMK

2024 MVR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 211.5309. Conversely, the yearly low was recorded on March 19, dropping to 135.0596.

This high-to-low spread represents a total annual volatility of 76.4713 MMK. From a start-to-finish perspective, comparing the January average rate of 136.3259 to the December average rate of 136.1598, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 211.5309 was up 53.19% compared to the 2023 peak of 138.0803, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,057,655 MMK

2023 Average 682,814 MMK

Yearly Trough Low 675,298 MMK

Transaction Impact: A difference of 382,356.52 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

149.0738

134.6340

JanuMarcMayJulySeptNove

MVR 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 137.1514, compared to 138.2721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1207 points.

H1 Avg (Jan–Jun) 137.1514

H2 Avg (Jul–Dec) 138.2721

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 74.9424 MMK (High: 211.5309 / Low: 136.5885). On the other end, October was the most stable month, with a tight range of 0.0890 MMK (High: 136.6775 / Low: 136.5885).

July Spread (Volatile) ±74.9424

October Spread (Stable) ±0.0890

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 11.4549 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -11.4549

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 147.8705) against the same month in 2023 (average: 136.4168), the exchange rate shifted by +11.4537 (+8.40%).

2024 Avg (July) 147.8705

2023 Avg (July) 136.4168

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	136.7488	135.9809	136.3259
February	137.6148	136.0868	136.4339
March	136.6765	135.0596	135.9865
April	136.1720	135.5498	135.8374
May	145.3174	135.1249	136.1304
June	162.5906	135.8225	142.1943
July	211.5309	136.5885	147.8705
August	136.6775	136.0130	136.4156
September	136.6775	136.5885	136.6286
October	136.6775	136.5885	136.6402
November	136.6330	135.7050	135.9180
December	136.2338	135.7050	136.1598