2024 STD to MMK Historical Review

YEARLY HIGH

0.1457 MMK

YEARLY LOW

0.0938 MMK

YEARLY AVERAGE

0.0952 MMK

2024 STD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the STD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.1457. Conversely, the yearly low was recorded on May 19, dropping to 0.0938.

This high-to-low spread represents a total annual volatility of 0.0520 MMK. From a start-to-finish perspective, comparing the January average rate of 0.0942 to the December average rate of 0.0942, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1457 was up 53.79% compared to the 2023 peak of 0.0948, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 729 MMK

2023 Average 465 MMK

Yearly Trough Low 469 MMK

Transaction Impact: A difference of 259.85 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1030

0.0934

JanuMarcMayJulySeptNove

STD 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 0.0949, compared to 0.0955 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0949

H2 Avg (Jul–Dec) 0.0955

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0516 MMK (High: 0.1457 / Low: 0.0942). On the other end, December was the most stable month, with a tight range of 0.0000 MMK (High: 0.0942 / Low: 0.0942).

July Spread (Volatile) ±0.0516

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0080 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.1022) against the same month in 2023 (average: 0.0922), the exchange rate shifted by +0.0100 (+10.82%).

2024 Avg (July) 0.1022

2023 Avg (July) 0.0922

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0945	0.0940	0.0942
February	0.0951	0.0941	0.0943
March	0.0945	0.0938	0.0942
April	0.0945	0.0940	0.0942
May	0.0944	0.0938	0.0942
June	0.1114	0.0941	0.0982
July	0.1457	0.0942	0.1022
August	0.0942	0.0942	0.0942
September	0.0942	0.0942	0.0942
October	0.0942	0.0942	0.0942
November	0.0942	0.0942	0.0942
December	0.0942	0.0942	0.0942