2024 PYG to MMK Historical Review

YEARLY HIGH

0.4297 MMK

YEARLY LOW

0.2616 MMK

YEARLY AVERAGE

0.2808 MMK

2024 PYG to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.4297. Conversely, the yearly low was recorded on October 27, dropping to 0.2616.

This high-to-low spread represents a total annual volatility of 0.1681 MMK. From a start-to-finish perspective, comparing the January average rate of 0.2883 to the December average rate of 0.2688, the exchange rate registered a net change of -6.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4297 was up 45.78% compared to the 2023 peak of 0.2948, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,149 MMK

2023 Average 1,440 MMK

Yearly Trough Low 1,308 MMK

Transaction Impact: A difference of 840.58 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3050

0.2630

JanuMarcMayJulySeptNove

PYG 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 0.2863, compared to 0.2754 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.2863

H2 Avg (Jul–Dec) 0.2754

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1531 MMK (High: 0.4297 / Low: 0.2766). On the other end, February was the most stable month, with a tight range of 0.0017 MMK (High: 0.2893 / Low: 0.2876).

July Spread (Volatile) ±0.1531

February Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0248 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.3015) against the same month in 2023 (average: 0.2888), the exchange rate shifted by +0.0127 (+4.41%).

2024 Avg (July) 0.3015

2023 Avg (July) 0.2888

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2895	0.2873	0.2883
February	0.2893	0.2876	0.2883
March	0.2884	0.2840	0.2870
April	0.2855	0.2810	0.2838
May	0.2814	0.2783	0.2799
June	0.3294	0.2767	0.2907
July	0.4297	0.2766	0.3015
August	0.2795	0.2729	0.2768
September	0.2735	0.2684	0.2703
October	0.2694	0.2616	0.2665
November	0.2704	0.2655	0.2683
December	0.2701	0.2679	0.2688