2024 SVC to MMK Historical Review

YEARLY HIGH

371.3219 MMK

YEARLY LOW

238.1871 MMK

YEARLY AVERAGE

242.4441 MMK

2024 SVC to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 371.3219. Conversely, the yearly low was recorded on June 9, dropping to 238.1871.

This high-to-low spread represents a total annual volatility of 133.1348 MMK. From a start-to-finish perspective, comparing the January average rate of 239.9930 to the December average rate of 239.8435, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 371.3219 was up 54.50% compared to the 2023 peak of 240.3312, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,856,610 MMK

2023 Average 1,200,016 MMK

Yearly Trough Low 1,190,935 MMK

Transaction Impact: A difference of 665,674.13 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

262.2661

237.5559

JanuMarcMayJulySeptNove

SVC 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 241.7016, compared to 243.1866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4849 points.

H1 Avg (Jan–Jun) 241.7016

H2 Avg (Jul–Dec) 243.1866

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 131.6322 MMK (High: 371.3219 / Low: 239.6897). On the other end, February was the most stable month, with a tight range of 0.0266 MMK (High: 240.0120 / Low: 239.9854).

July Spread (Volatile) ±131.6322

February Spread (Stable) ±0.0266

Growth Streaks & Declines

Trends

Between January and April, 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 20.2150 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -20.2150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 260.2069) against the same month in 2023 (average: 240.0002), the exchange rate shifted by +20.2067 (+8.42%).

2024 Avg (July) 260.2069

2023 Avg (July) 240.0002

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	240.0098	239.8167	239.9930
February	240.0120	239.9854	240.0004
March	240.3037	239.9849	240.0100
April	240.7322	239.9649	240.0504
May	240.0664	239.9837	240.0022
June	283.9102	238.1871	250.1538
July	371.3219	239.6897	260.2069
August	241.9568	239.1072	239.9918
September	240.3805	239.3632	239.7318
October	239.9605	238.7945	239.6151
November	240.8527	238.4263	239.7304
December	240.7290	239.4120	239.8435