2024 SOS to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SOS to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SOS to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 5.6856. Conversely, the yearly low was recorded on June 8, dropping to 3.6469.
This high-to-low spread represents a total annual volatility of 2.0388 MMK. From a start-to-finish perspective, comparing the January average rate of 3.6755 to the December average rate of 3.6721, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 5.6856 was up 52.51% compared to the 2023 peak of 3.7282, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SOS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SOS to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.7007, compared to 3.7244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0237 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was July, with a trading range of 2.0158 MMK (High: 5.6856 / Low: 3.6699). On the other end, April was the most stable month, with a tight range of 0.0052 MMK (High: 3.6760 / Low: 3.6708).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3079 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 3.9853) against the same month in 2023 (average: 3.6879), the exchange rate shifted by +0.2973 (+8.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.6888 | 3.6715 | 3.6755 |
| February | 3.6786 | 3.6496 | 3.6738 |
| March | 3.6794 | 3.6680 | 3.6739 |
| April | 3.6760 | 3.6708 | 3.6741 |
| May | 3.6937 | 3.6682 | 3.6761 |
| June | 4.3473 | 3.6469 | 3.8309 |
| July | 5.6856 | 3.6699 | 3.9853 |
| August | 3.7047 | 3.6587 | 3.6773 |
| September | 3.6801 | 3.6524 | 3.6713 |
| October | 3.6743 | 3.6562 | 3.6702 |
| November | 3.6777 | 3.6505 | 3.6702 |
| December | 3.6857 | 3.6657 | 3.6721 |