2022 EGP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 EGP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the EGP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 4, valuing the pair at 113.8363. Conversely, the yearly low was recorded on December 29, dropping to 84.7817.
This high-to-low spread represents a total annual volatility of 29.0546 MMK. From a start-to-finish perspective, comparing the January average rate of 113.0870 to the December average rate of 85.1907, the exchange rate registered a net change of -24.67% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 113.8363 was down 9.05% compared to the 2021 peak of 125.1643, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EGP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
EGP 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 105.4132, compared to 97.8440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.5693 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 20.6276 MMK (High: 107.5300 / Low: 86.9024). On the other end, December was the most stable month, with a tight range of 0.7604 MMK (High: 85.5421 / Low: 84.7817).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 18.6008 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2022: 107.3222) against the same month in 2021 (average: 89.7706), the exchange rate shifted by +17.5516 (+19.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 113.3522 | 112.5114 | 113.0870 |
| February | 113.7925 | 112.0603 | 113.0608 |
| March | 113.8363 | 95.6735 | 107.3222 |
| April | 101.3848 | 96.9752 | 99.6500 |
| May | 101.4460 | 99.4589 | 100.4322 |
| June | 99.6283 | 98.4336 | 98.9272 |
| July | 98.4982 | 97.3309 | 97.9795 |
| August | 109.9821 | 96.9254 | 105.2008 |
| September | 109.2912 | 106.8165 | 108.2875 |
| October | 107.5300 | 86.9024 | 104.5031 |
| November | 87.1459 | 85.1721 | 85.9023 |
| December | 85.5421 | 84.7817 | 85.1907 |