2024 YER to MMK Historical Review

YEARLY HIGH

12.9724 MMK

YEARLY LOW

8.3493 MMK

YEARLY AVERAGE

8.4747 MMK

2024 YER to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 12.9724. Conversely, the yearly low was recorded on March 24, dropping to 8.3493.

This high-to-low spread represents a total annual volatility of 4.6232 MMK. From a start-to-finish perspective, comparing the January average rate of 8.3868 to the December average rate of 8.3896, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.9724 was up 53.16% compared to the 2023 peak of 8.4698, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64,862 MMK

2023 Average 41,928 MMK

Yearly Trough Low 41,746 MMK

Transaction Impact: A difference of 23,115.83 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

9.1640

8.3092

JanuMarcMayJulySeptNove

YER 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 8.4462, compared to 8.5032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0569 points.

H1 Avg (Jan–Jun) 8.4462

H2 Avg (Jul–Dec) 8.5032

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 4.5922 MMK (High: 12.9724 / Low: 8.3803). On the other end, September was the most stable month, with a tight range of 0.0032 MMK (High: 8.3827 / Low: 8.3794).

July Spread (Volatile) ±4.5922

September Spread (Stable) ±0.0032

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 0.7122 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.7122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 9.0928) against the same month in 2023 (average: 8.3792), the exchange rate shifted by +0.7136 (+8.52%).

2024 Avg (July) 9.0928

2023 Avg (July) 8.3792

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.4160	8.3630	8.3868
February	8.4652	8.3712	8.3916
March	8.4094	8.3493	8.3833
April	8.4112	8.3640	8.3842
May	8.4108	8.3595	8.3890
June	9.9157	8.3734	8.7426
July	12.9724	8.3803	9.0928
August	8.3979	8.3786	8.3806
September	8.3827	8.3794	8.3809
October	8.3827	8.3786	8.3804
November	8.3996	8.3803	8.3947
December	8.3980	8.3786	8.3896