YEARLY HIGH
991.6625 MMK
YEARLY LOW
821.3665 MMK
YEARLY AVERAGE
880.2250 MMK

2022 FJD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FJD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 991.6625. Conversely, the yearly low was recorded on January 31, dropping to 821.3665.

This high-to-low spread represents a total annual volatility of 170.2960 MMK. From a start-to-finish perspective, comparing the January average rate of 834.5339 to the December average rate of 951.2929, the exchange rate registered a net change of 13.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 991.6625 was up 6.06% compared to the 2021 peak of 934.9724, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,958,312 MMK
2021 Average 3,894,021 MMK
Yearly Trough Low 4,106,832 MMK
Transaction Impact: A difference of 851,479.96 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

963.1754
820.5857
JanuMarcMayJulySeptNove

FJD 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 847.1558, compared to 913.2942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 66.1383 points.

H1 Avg (Jan–Jun) 847.1558
H2 Avg (Jul–Dec) 913.2942

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 151.9303 MMK (High: 991.6625 / Low: 839.7322). On the other end, February was the most stable month, with a tight range of 10.5416 MMK (High: 837.5328 / Low: 826.9912).

August Spread (Volatile) ±151.9303
February Spread (Stable) ±10.5416

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 20.0517 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -20.0517

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 916.4397) against the same month in 2021 (average: 786.4710), the exchange rate shifted by +129.9686 (+16.53%).

2022 Avg (August) 916.4397
2021 Avg (August) 786.4710

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 842.3880 821.3665 834.5339
February 837.5328 826.9912 832.4682
March 856.2769 832.6251 844.9474
April 881.4763 845.1357 867.8598
May 865.1368 831.9170 851.8587
June 868.1761 835.1829 851.2671
July 847.1810 827.2047 837.6587
August 991.6625 839.7322 916.4397
September 948.7325 902.0882 929.8713
October 923.9154 891.6402 909.8195
November 952.6906 907.0124 934.6829
December 962.0005 939.0717 951.2929