YEARLY HIGH
14.0003 MMK
YEARLY LOW
11.3097 MMK
YEARLY AVERAGE
12.5714 MMK

2022 JMD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 14.0003. Conversely, the yearly low was recorded on February 10, dropping to 11.3097.

This high-to-low spread represents a total annual volatility of 2.6905 MMK. From a start-to-finish perspective, comparing the January average rate of 11.4722 to the December average rate of 13.7061, the exchange rate registered a net change of 19.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 14.0003 was up 5.42% compared to the 2021 peak of 13.2802, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70,001 MMK
2021 Average 53,491 MMK
Yearly Trough Low 56,549 MMK
Transaction Impact: A difference of 13,452.57 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

14.1035
11.1222
JanuMarcMayJulySeptNove

JMD 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 11.7366, compared to 13.4061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6695 points.

H1 Avg (Jan–Jun) 11.7366
H2 Avg (Jul–Dec) 13.4061

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 1.8545 MMK (High: 13.9488 / Low: 12.0943). On the other end, November was the most stable month, with a tight range of 0.0853 MMK (High: 13.6951 / Low: 13.6098).

August Spread (Volatile) ±1.8545
November Spread (Stable) ±0.0853

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1149 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.1149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 13.8551) against the same month in 2021 (average: 11.8378), the exchange rate shifted by +2.0173 (+17.04%).

2022 Avg (September) 13.8551
2021 Avg (September) 11.8378

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.5704 11.3731 11.4722
February 11.4735 11.3097 11.3706
March 11.6547 11.4622 11.5828
April 12.0247 11.5416 11.8843
May 12.0415 11.9171 11.9735
June 12.2931 11.9910 12.1363
July 12.3303 12.0583 12.2075
August 13.9488 12.0943 13.2778
September 14.0003 13.6108 13.8551
October 13.8130 13.6887 13.7402
November 13.6951 13.6098 13.6501
December 13.8431 13.6363 13.7061