2022 FKP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 FKP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the FKP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 2609.1309. Conversely, the yearly low was recorded on July 16, dropping to 2191.3261.
This high-to-low spread represents a total annual volatility of 417.8048 MMK. From a start-to-finish perspective, comparing the January average rate of 2409.6299 to the December average rate of 2557.0645, the exchange rate registered a net change of 6.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 2609.1309 was down 2.50% compared to the 2021 peak of 2675.9285, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
FKP 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 2353.5347, compared to 2401.0800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 47.5453 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 313.9529 MMK (High: 2550.4629 / Low: 2236.5100). On the other end, January was the most stable month, with a tight range of 60.1841 MMK (High: 2439.2927 / Low: 2379.1086).
Growth Streaks & Declines
TrendsBetween October and December, 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 April and May, when the average rate fell by 71.2654 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 2557.0645) against the same month in 2021 (average: 2369.5781), the exchange rate shifted by +187.4865 (+7.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2439.2927 | 2379.1086 | 2409.6299 |
| February | 2422.2871 | 2360.2664 | 2405.9700 |
| March | 2381.3979 | 2311.2829 | 2341.1528 |
| April | 2438.7748 | 2306.0153 | 2376.8977 |
| May | 2340.3641 | 2258.9756 | 2305.6323 |
| June | 2330.8948 | 2223.3761 | 2281.9255 |
| July | 2257.6812 | 2191.3261 | 2223.2663 |
| August | 2550.4629 | 2236.5100 | 2408.9651 |
| September | 2455.2495 | 2252.8693 | 2378.2734 |
| October | 2440.3095 | 2301.4974 | 2371.4367 |
| November | 2544.5263 | 2341.5887 | 2467.4740 |
| December | 2609.1309 | 2526.5061 | 2557.0645 |