2024 TWD to MMK Historical Review

YEARLY HIGH

99.0066 MMK

YEARLY LOW

63.8383 MMK

YEARLY AVERAGE

66.0846 MMK

2024 TWD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 99.0066. Conversely, the yearly low was recorded on July 29, dropping to 63.8383.

This high-to-low spread represents a total annual volatility of 35.1683 MMK. From a start-to-finish perspective, comparing the January average rate of 67.3161 to the December average rate of 64.4074, the exchange rate registered a net change of -4.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 99.0066 was up 40.05% compared to the 2023 peak of 70.6962, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 495,033 MMK

2023 Average 337,118 MMK

Yearly Trough Low 319,191 MMK

Transaction Impact: A difference of 175,841.56 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

70.2851

63.8731

JanuMarcMayJulySeptNove

TWD 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 66.3113, compared to 65.8579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4534 points.

H1 Avg (Jan–Jun) 66.3113

H2 Avg (Jul–Dec) 65.8579

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 35.1683 MMK (High: 99.0066 / Low: 63.8383). On the other end, October was the most stable month, with a tight range of 0.8784 MMK (High: 65.8138 / Low: 64.9355).

July Spread (Volatile) ±35.1683

October Spread (Stable) ±0.8784

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 4.6641 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.6641

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 69.7507) against the same month in 2023 (average: 67.2551), the exchange rate shifted by +2.4957 (+3.71%).

2024 Avg (July) 69.7507

2023 Avg (July) 67.2551

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	68.6338	66.5395	67.3161
February	67.5125	66.1890	66.8360
March	66.9448	65.4246	66.2517
April	65.6615	64.3472	64.8981
May	65.5587	64.5586	65.0018
June	76.3935	64.6077	67.5640
July	99.0066	63.8383	69.7507
August	66.0382	63.9771	65.0866
September	66.4134	65.2100	65.6613
October	65.8138	64.9355	65.3658
November	65.8975	64.3884	64.8755
December	64.9576	63.9069	64.4074