2022 ISK to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ISK to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ISK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 12, valuing the pair at 15.3607. Conversely, the yearly low was recorded on March 7, dropping to 13.2074.
This high-to-low spread represents a total annual volatility of 2.1533 MMK. From a start-to-finish perspective, comparing the January average rate of 13.7821 to the December average rate of 14.7612, the exchange rate registered a net change of 7.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 15.3607 was up 0.66% compared to the 2021 peak of 15.2594, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
ISK 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 14.0225, compared to 14.4703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4478 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 1.8711 MMK (High: 15.3607 / Low: 13.4896). On the other end, December was the most stable month, with a tight range of 0.2819 MMK (High: 14.8930 / Low: 14.6111).
Growth Streaks & Declines
TrendsBetween July and September, 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 February and March, when the average rate fell by 0.5676 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2022: 14.5265) against the same month in 2021 (average: 13.0482), the exchange rate shifted by +1.4783 (+11.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.9242 | 13.5859 | 13.7821 |
| February | 14.3204 | 13.9592 | 14.2161 |
| March | 13.9756 | 13.2074 | 13.6485 |
| April | 14.5123 | 13.7406 | 14.2084 |
| May | 14.5840 | 13.7517 | 14.1428 |
| June | 14.5217 | 13.8574 | 14.1373 |
| July | 13.8632 | 13.3463 | 13.5713 |
| August | 15.3607 | 13.4896 | 14.5265 |
| September | 15.1657 | 14.4475 | 14.8145 |
| October | 14.8509 | 14.4118 | 14.5859 |
| November | 14.9243 | 14.1038 | 14.5625 |
| December | 14.8930 | 14.6111 | 14.7612 |