2022 AFN to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 AFN to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the AFN to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 24.6175. Conversely, the yearly low was recorded on January 11, dropping to 16.8446.
This high-to-low spread represents a total annual volatility of 7.7729 MMK. From a start-to-finish perspective, comparing the January average rate of 17.0042 to the December average rate of 24.0188, the exchange rate registered a net change of 41.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 24.6175 was up 12.94% compared to the 2021 peak of 21.7977, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
AFN to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 19.8240, compared to 23.1934 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3695 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 3.4789 MMK (High: 23.8368 / Low: 20.3579). On the other end, June was the most stable month, with a tight range of 0.4391 MMK (High: 21.0915 / Low: 20.6524).
Growth Streaks & Declines
TrendsBetween January and May, 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 October and November, when the average rate fell by 0.2785 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2022: 24.1373) against the same month in 2021 (average: 20.9607), the exchange rate shifted by +3.1765 (+15.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.3919 | 16.8446 | 17.0042 |
| February | 19.4370 | 17.7988 | 19.0696 |
| March | 20.5403 | 19.3723 | 20.0441 |
| April | 21.6374 | 20.0431 | 21.0019 |
| May | 21.6428 | 20.4444 | 21.0183 |
| June | 21.0915 | 20.6524 | 20.8058 |
| July | 21.1452 | 20.4470 | 20.8703 |
| August | 23.8368 | 20.3579 | 22.5601 |
| September | 24.1094 | 23.3171 | 23.7153 |
| October | 24.6175 | 23.7203 | 24.1373 |
| November | 24.1303 | 23.5375 | 23.8588 |
| December | 24.3888 | 23.7447 | 24.0188 |