2022 FJD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
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.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |