2024 SCR to MMK Historical Review

YEARLY HIGH

238.0878 MMK

YEARLY LOW

139.0399 MMK

YEARLY AVERAGE

155.2098 MMK

2024 SCR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 238.0878. Conversely, the yearly low was recorded on December 16, dropping to 139.0399.

This high-to-low spread represents a total annual volatility of 99.0479 MMK. From a start-to-finish perspective, comparing the January average rate of 156.9128 to the December average rate of 148.7333, the exchange rate registered a net change of -5.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 238.0878 was up 44.25% compared to the 2023 peak of 165.0512, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,190,439 MMK

2023 Average 781,377 MMK

Yearly Trough Low 695,200 MMK

Transaction Impact: A difference of 495,239.37 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

166.6233

147.1069

JanuMarcMayJulySeptNove

SCR 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 155.6900, compared to 154.7297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9602 points.

H1 Avg (Jan–Jun) 155.6900

H2 Avg (Jul–Dec) 154.7297

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 86.9591 MMK (High: 238.0878 / Low: 151.1287). On the other end, May was the most stable month, with a tight range of 4.7299 MMK (High: 156.5256 / Low: 151.7957).

July Spread (Volatile) ±86.9591

May Spread (Stable) ±4.7299

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 12.1260 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -12.1260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 164.9969) against the same month in 2023 (average: 157.0032), the exchange rate shifted by +7.9937 (+5.09%).

2024 Avg (July) 164.9969

2023 Avg (July) 157.0032

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	160.7876	151.2646	156.9128
February	159.2822	151.9707	156.0759
March	157.5351	147.4357	154.4339
April	156.5161	145.8507	154.4720
May	156.5256	151.7957	153.7292
June	181.4369	142.7934	158.5159
July	238.0878	151.1287	164.9969
August	163.6228	139.6911	152.8709
September	163.6858	150.2977	156.0389
October	160.4383	139.4307	153.1132
November	156.6096	146.7090	152.6251
December	157.6818	139.0399	148.7333