YEARLY HIGH
4307.5143 MMK
YEARLY LOW
2732.6426 MMK
YEARLY AVERAGE
2816.3556 MMK

2024 XDR to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 4307.5143. Conversely, the yearly low was recorded on December 29, dropping to 2732.6426.

This high-to-low spread represents a total annual volatility of 1574.8718 MMK. From a start-to-finish perspective, comparing the January average rate of 2803.5960 to the December average rate of 2751.8077, the exchange rate registered a net change of -1.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 4307.5143 was up 51.12% compared to the 2023 peak of 2850.3927, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,537,572 MMK
2023 Average 14,007,930 MMK
Yearly Trough Low 13,663,213 MMK
Transaction Impact: A difference of 7,874,358.81 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3036.3017
2725.9446
JanuMarcMayJulySeptNove

XDR 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 2803.0904, compared to 2829.6208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.5304 points.

H1 Avg (Jan–Jun) 2803.0904
H2 Avg (Jul–Dec) 2829.6208

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 1526.8280 MMK (High: 4307.5143 / Low: 2780.6863). On the other end, May was the most stable month, with a tight range of 13.3945 MMK (High: 2780.0747 / Low: 2766.6802).

July Spread (Volatile) ±1526.8280
May Spread (Stable) ±13.3945

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 207.2148 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -207.2148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 3010.4387) against the same month in 2023 (average: 2818.6759), the exchange rate shifted by +191.7627 (+6.80%).

2024 Avg (July) 3010.4387
2023 Avg (July) 2818.6759

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2818.4998 2794.7599 2803.5960
February 2799.1018 2771.7588 2787.7265
March 2805.0224 2779.4890 2791.1946
April 2784.9540 2760.3923 2772.3346
May 2780.0747 2766.6802 2774.8750
June 3271.2674 2756.6506 2888.8155
July 4307.5143 2780.6863 3010.4387
August 2828.4157 2784.6021 2803.2238
September 2843.5158 2819.9759 2830.3413
October 2845.1740 2780.1925 2808.8870
November 2800.2680 2740.7998 2773.0262
December 2769.4395 2732.6426 2751.8077