YEARLY HIGH
2980.6227 MMK
YEARLY LOW
2489.5118 MMK
YEARLY AVERAGE
2719.2262 MMK

2022 JOD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2980.6227. Conversely, the yearly low was recorded on February 27, dropping to 2489.5118.

This high-to-low spread represents a total annual volatility of 491.1109 MMK. From a start-to-finish perspective, comparing the January average rate of 2507.1748 to the December average rate of 2961.4089, the exchange rate registered a net change of 18.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 2980.6227 was up 7.56% compared to the 2021 peak of 2771.0919, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,903,114 MMK
2021 Average 11,374,575 MMK
Yearly Trough Low 12,447,559 MMK
Transaction Impact: A difference of 2,455,554.72 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3006.8323
2461.7514
JanuMarcMayJulySeptNove

JOD 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 2556.2588, compared to 2882.1937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 325.9348 points.

H1 Avg (Jan–Jun) 2556.2588
H2 Avg (Jul–Dec) 2882.1937

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 367.3933 MMK (High: 2976.8404 / Low: 2609.4471). On the other end, December was the most stable month, with a tight range of 12.1965 MMK (High: 2970.6609 / Low: 2958.4644).

August Spread (Volatile) ±367.3933
December Spread (Stable) ±12.1965

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.3302 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.3302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 2960.3844) against the same month in 2021 (average: 2493.1046), the exchange rate shifted by +467.2799 (+18.74%).

2022 Avg (September) 2960.3844
2021 Avg (September) 2493.1046

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2508.8074 2495.4367 2507.1748
February 2517.8803 2489.5118 2507.4939
March 2520.0024 2499.6915 2508.0904
April 2636.7651 2507.4530 2590.5362
May 2625.2139 2599.5823 2611.8364
June 2630.1470 2606.5676 2612.4212
July 2616.1263 2599.5252 2610.7984
August 2976.8404 2609.4471 2841.9335
September 2980.6227 2926.9670 2960.3844
October 2978.8770 2928.7050 2960.4835
November 2964.7149 2925.3345 2958.1532
December 2970.6609 2958.4644 2961.4089