2024 SBD to MMK Historical Review

YEARLY HIGH

383.9151 MMK

YEARLY LOW

240.0223 MMK

YEARLY AVERAGE

251.8074 MMK

2024 SBD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 383.9151. Conversely, the yearly low was recorded on March 12, dropping to 240.0223.

This high-to-low spread represents a total annual volatility of 143.8928 MMK. From a start-to-finish perspective, comparing the January average rate of 249.3379 to the December average rate of 250.3804, the exchange rate registered a net change of 0.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 383.9151 was up 48.48% compared to the 2023 peak of 258.5655, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,919,575 MMK

2023 Average 1,257,644 MMK

Yearly Trough Low 1,200,111 MMK

Transaction Impact: A difference of 719,464.00 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

271.6015

245.2137

JanuMarcMayJulySeptNove

SBD 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 249.9040, compared to 253.7109 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.8070 points.

H1 Avg (Jan–Jun) 249.9040

H2 Avg (Jul–Dec) 253.7109

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 136.3911 MMK (High: 383.9151 / Low: 247.5240). On the other end, December was the most stable month, with a tight range of 1.4690 MMK (High: 251.7207 / Low: 250.2517).

July Spread (Volatile) ±136.3911

December Spread (Stable) ±1.4690

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 21.9686 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -21.9686

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 269.4025) against the same month in 2023 (average: 250.7331), the exchange rate shifted by +18.6694 (+7.45%).

2024 Avg (July) 269.4025

2023 Avg (July) 250.7331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	251.4155	248.1339	249.3379
February	251.5170	246.7188	248.4711
March	249.9423	240.0223	247.9240
April	248.8271	245.3922	247.5740
May	248.0375	246.4658	247.4127
June	294.0897	246.9417	258.7042
July	383.9151	247.5240	269.4025
August	249.6444	245.4256	247.4339
September	253.0014	247.5240	251.5556
October	253.8407	251.2256	252.5533
November	252.7916	250.0420	250.9398
December	251.7207	250.2517	250.3804