2022 JMD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
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.
Comparing the value generated converting 5,000 JMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |