YEARLY HIGH
20.2816 MMK
YEARLY LOW
16.8804 MMK
YEARLY AVERAGE
18.3427 MMK

2022 CVE to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 20.2816. Conversely, the yearly low was recorded on July 17, dropping to 16.8804.

This high-to-low spread represents a total annual volatility of 3.4013 MMK. From a start-to-finish perspective, comparing the January average rate of 18.1964 to the December average rate of 20.1298, the exchange rate registered a net change of 10.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 20.2816 was down 1.30% compared to the 2021 peak of 20.5482, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 101,408 MMK
2021 Average 86,045 MMK
Yearly Trough Low 84,402 MMK
Transaction Impact: A difference of 17,006.35 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

20.4214
16.9229
JanuMarcMayJulySeptNove

CVE 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 17.9180, compared to 18.7674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8495 points.

H1 Avg (Jan–Jun) 17.9180
H2 Avg (Jul–Dec) 18.7674

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 2.5349 MMK (High: 19.4723 / Low: 16.9374). On the other end, June was the most stable month, with a tight range of 0.5318 MMK (High: 17.9586 / Low: 17.4267).

August Spread (Volatile) ±2.5349
June Spread (Stable) ±0.5318

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5298 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 20.1298) against the same month in 2021 (average: 18.1685), the exchange rate shifted by +1.9614 (+10.80%).

2022 Avg (December) 20.1298
2021 Avg (December) 18.1685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.4326 17.8886 18.1964
February 18.4284 17.8560 18.2158
March 18.0282 17.4558 17.6860
April 18.3120 17.5161 18.0026
May 17.9654 17.4020 17.6985
June 17.9586 17.4267 17.7084
July 17.7697 16.8804 17.2144
August 19.4723 16.9374 18.4353
September 19.7706 18.2245 18.8869
October 18.9019 17.9778 18.6195
November 19.8618 18.6229 19.3186
December 20.2816 19.7460 20.1298