2024 SEK to MMK Historical Review

YEARLY HIGH

304.8454 MMK

YEARLY LOW

188.3127 MMK

YEARLY AVERAGE

200.6846 MMK

2024 SEK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SEK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 304.8454. Conversely, the yearly low was recorded on December 25, dropping to 188.3127.

This high-to-low spread represents a total annual volatility of 116.5327 MMK. From a start-to-finish perspective, comparing the January average rate of 202.9529 to the December average rate of 190.8223, the exchange rate registered a net change of -5.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 304.8454 was up 44.20% compared to the 2023 peak of 211.4009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,524,227 MMK

2023 Average 989,756 MMK

Yearly Trough Low 941,563 MMK

Transaction Impact: A difference of 582,663.71 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

216.4524

188.4923

JanuMarcMayJulySeptNove

SEK 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 200.5208, compared to 200.8484 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3275 points.

H1 Avg (Jan–Jun) 200.5208

H2 Avg (Jul–Dec) 200.8484

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 111.2692 MMK (High: 304.8454 / Low: 193.5763). On the other end, December was the most stable month, with a tight range of 5.0120 MMK (High: 193.3247 / Low: 188.3127).

July Spread (Volatile) ±111.2692

December Spread (Stable) ±5.0120

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 12.2377 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -12.2377

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 214.1224) against the same month in 2023 (average: 199.3279), the exchange rate shifted by +14.7945 (+7.42%).

2024 Avg (July) 214.1224

2023 Avg (July) 199.3279

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	209.0332	200.2224	202.9529
February	204.2288	198.2364	201.2762
March	205.4303	196.1972	201.3384
April	199.0111	190.6587	193.9968
May	199.3420	192.2560	195.3289
June	236.0725	198.6968	208.2318
July	304.8454	193.5763	214.1224
August	206.6273	195.4754	201.8847
September	208.0730	201.9080	205.2535
October	204.3836	196.4423	200.2811
November	197.9125	189.5106	192.7263
December	193.3247	188.3127	190.8223