2024 TOP to MMK Historical Review

YEARLY HIGH

1374.0216 MMK

YEARLY LOW

869.4460 MMK

YEARLY AVERAGE

895.4447 MMK

2024 TOP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 1374.0216. Conversely, the yearly low was recorded on April 29, dropping to 869.4460.

This high-to-low spread represents a total annual volatility of 504.5756 MMK. From a start-to-finish perspective, comparing the January average rate of 891.3811 to the December average rate of 876.1636, the exchange rate registered a net change of -1.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1374.0216 was up 49.88% compared to the 2023 peak of 916.7566, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,870,108 MMK

2023 Average 4,443,659 MMK

Yearly Trough Low 4,347,230 MMK

Transaction Impact: A difference of 2,522,878.07 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

970.7606

867.5639

JanuMarcMayJulySeptNove

TOP 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 893.2198, compared to 897.6696 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4498 points.

H1 Avg (Jan–Jun) 893.2198

H2 Avg (Jul–Dec) 897.6696

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 494.6211 MMK (High: 1374.0216 / Low: 879.4006). On the other end, December was the most stable month, with a tight range of 0.0000 MMK (High: 876.1636 / Low: 876.1636).

July Spread (Volatile) ±494.6211

December Spread (Stable) ±0.0000

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 74.7270 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -74.7270

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 962.1609) against the same month in 2023 (average: 893.2808), the exchange rate shifted by +68.8801 (+7.71%).

2024 Avg (July) 962.1609

2023 Avg (July) 893.2808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	903.5881	886.1563	891.3811
February	896.5832	876.7573	887.0583
March	891.5699	880.9573	886.1910
April	887.8048	869.4460	880.4283
May	892.2070	877.8819	886.4509
June	1051.9871	887.7633	927.8091
July	1374.0216	879.4006	962.1609
August	897.2430	880.4605	887.4339
September	899.0786	890.7835	894.7316
October	899.0786	880.1148	888.0613
November	881.5682	872.8356	877.4664
December	876.1636	876.1636	876.1636