YEARLY HIGH
2609.1309 MMK
YEARLY LOW
2191.3261 MMK
YEARLY AVERAGE
2377.3073 MMK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 13,045,655 MMK
2021 Average 11,086,668 MMK
Yearly Trough Low 10,956,630 MMK
Transaction Impact: A difference of 2,089,024.22 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2590.4444
2189.8865
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 2353.5347
H2 Avg (Jul–Dec) 2401.0800

Volatility Range Comparison

Volatility

The 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).

August Spread (Volatile) ±313.9529
January Spread (Stable) ±60.1841

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -71.2654

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2022 Avg (December) 2557.0645
2021 Avg (December) 2369.5781

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