YEARLY HIGH
1159.6429 MMK
YEARLY LOW
746.0823 MMK
YEARLY AVERAGE
757.5139 MMK

2024 WST to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 1159.6429. Conversely, the yearly low was recorded on May 19, dropping to 746.0823.

This high-to-low spread represents a total annual volatility of 413.5606 MMK. From a start-to-finish perspective, comparing the January average rate of 749.8551 to the December average rate of 749.2857, 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 1159.6429 was up 47.59% compared to the 2023 peak of 785.7249, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,798,214 MMK
2023 Average 3,842,313 MMK
Yearly Trough Low 3,730,411 MMK
Transaction Impact: A difference of 2,067,802.80 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

819.3489
742.9163
JanuMarcMayJulySeptNove

WST 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 755.1265, compared to 759.9014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7749 points.

H1 Avg (Jan–Jun) 755.1265
H2 Avg (Jul–Dec) 759.9014

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 410.3571 MMK (High: 1159.6429 / Low: 749.2857). On the other end, December was the most stable month, with a tight range of 0.0000 MMK (High: 749.2857 / Low: 749.2857).

July Spread (Volatile) ±410.3571
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 63.6938 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -63.6938

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 812.9795) against the same month in 2023 (average: 769.8378), the exchange rate shifted by +43.1417 (+5.60%).

2024 Avg (July) 812.9795
2023 Avg (July) 769.8378

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 752.1187 747.8950 749.8551
February 756.8815 748.4772 750.1281
March 751.9646 746.6629 749.5844
April 751.8641 747.9444 749.6929
May 751.4065 746.0823 749.7573
June 886.4095 748.6750 781.7410
July 1159.6429 749.2857 812.9795
August 749.2857 749.2857 749.2857
September 749.2857 749.2857 749.2857
October 749.2857 749.2857 749.2857
November 749.2857 749.2857 749.2857
December 749.2857 749.2857 749.2857