YEARLY HIGH
1201.4579 MMK
YEARLY LOW
772.9849 MMK
YEARLY AVERAGE
784.8287 MMK

2024 XCD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 1201.4579. Conversely, the yearly low was recorded on May 19, dropping to 772.9849.

This high-to-low spread represents a total annual volatility of 428.4729 MMK. From a start-to-finish perspective, comparing the January average rate of 776.8937 to the December average rate of 776.3039, 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 1201.4579 was up 53.19% compared to the 2023 peak of 784.2712, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,007,289 MMK
2023 Average 3,883,505 MMK
Yearly Trough Low 3,864,925 MMK
Transaction Impact: A difference of 2,142,364.74 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

848.8935
769.7048
JanuMarcMayJulySeptNove

XCD 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 782.3552, compared to 787.3023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.9471 points.

H1 Avg (Jan–Jun) 782.3552
H2 Avg (Jul–Dec) 787.3023

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 425.1540 MMK (High: 1201.4579 / Low: 776.3039). On the other end, December was the most stable month, with a tight range of 0.0000 MMK (High: 776.3039 / Low: 776.3039).

July Spread (Volatile) ±425.1540
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 65.9905 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -65.9905

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 842.2944) against the same month in 2023 (average: 776.1201), the exchange rate shifted by +66.1743 (+8.53%).

2024 Avg (July) 842.2944
2023 Avg (July) 776.1201

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 779.2390 774.8630 776.8937
February 784.1735 775.4662 777.1766
March 779.0794 773.5865 776.6133
April 778.9752 774.9142 776.7257
May 778.5011 772.9849 776.7925
June 918.3721 775.6711 809.9294
July 1201.4579 776.3039 842.2944
August 776.3039 776.3039 776.3039
September 776.3039 776.3039 776.3039
October 776.3039 776.3039 776.3039
November 776.3039 776.3039 776.3039
December 776.3039 776.3039 776.3039