YEARLY HIGH
648.9569 MMK
YEARLY LOW
524.1241 MMK
YEARLY AVERAGE
573.9587 MMK

2022 ILS to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ILS to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 648.9569. Conversely, the yearly low was recorded on July 2, dropping to 524.1241.

This high-to-low spread represents a total annual volatility of 124.8328 MMK. From a start-to-finish perspective, comparing the January average rate of 566.8802 to the December average rate of 607.8348, the exchange rate registered a net change of 7.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 648.9569 was up 6.53% compared to the 2021 peak of 609.1785, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,244,785 MMK
2021 Average 2,499,373 MMK
Yearly Trough Low 2,620,620 MMK
Transaction Impact: A difference of 624,164.15 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

620.4373
527.0065
JanuMarcMayJulySeptNove

ILS 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 554.3782, compared to 593.5392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 39.1610 points.

H1 Avg (Jan–Jun) 554.3782
H2 Avg (Jul–Dec) 593.5392

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 100.1626 MMK (High: 648.9569 / Low: 548.7943). On the other end, October was the most stable month, with a tight range of 14.7189 MMK (High: 599.5758 / Low: 584.8569).

August Spread (Volatile) ±100.1626
October Spread (Stable) ±14.7189

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 18.1029 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -18.1029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 612.6514) against the same month in 2021 (average: 510.4738), the exchange rate shifted by +102.1776 (+20.02%).

2022 Avg (August) 612.6514
2021 Avg (August) 510.4738

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 575.9615 554.3224 566.8802
February 560.8917 543.0813 552.8829
March 559.1073 537.6413 548.4287
April 579.9543 549.0201 566.2875
May 555.9347 534.2129 548.1845
June 558.2260 528.7458 543.6052
July 544.5403 524.1241 534.7924
August 648.9569 548.7943 612.6514
September 624.2587 589.3589 608.9867
October 599.5758 584.8569 592.7554
November 615.8505 584.8831 604.2146
December 618.7871 593.9018 607.8348