YEARLY HIGH
1.1353 CDF
YEARLY LOW
0.9514 CDF
YEARLY AVERAGE
1.0522 CDF

2022 MMK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 1.1353. Conversely, the yearly low was recorded on August 21, dropping to 0.9514.

This high-to-low spread represents a total annual volatility of 0.1838 CDF. From a start-to-finish perspective, comparing the January average rate of 1.1281 to the December average rate of 0.9738, the exchange rate registered a net change of -13.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.1353 was down 24.14% compared to the 2021 peak of 1.4965, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,676 CDF
2021 Average 6,247 CDF
Yearly Trough Low 4,757 CDF
Transaction Impact: A difference of 919.17 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.1460
0.9572
JanuMarcMayJulySeptNove

MMK to CDF 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 1.1079, compared to 0.9966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1112 points.

H1 Avg (Jan–Jun) 1.1079
H2 Avg (Jul–Dec) 0.9966

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.1295 CDF (High: 1.0809 / Low: 0.9514). On the other end, July was the most stable month, with a tight range of 0.0058 CDF (High: 1.0808 / Low: 1.0750).

August Spread (Volatile) ±0.1295
July Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.0777 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0777

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 1.1289) against the same month in 2021 (average: 1.4100), the exchange rate shifted by -0.2811 (-19.94%).

2022 Avg (March) 1.1289
2021 Avg (March) 1.4100

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1330 1.1248 1.1281
February 1.1352 1.1257 1.1302
March 1.1353 1.1243 1.1289
April 1.1296 1.0787 1.0938
May 1.0996 1.0803 1.0853
June 1.0837 1.0777 1.0808
July 1.0808 1.0750 1.0796
August 1.0809 0.9514 1.0019
September 0.9835 0.9641 0.9730
October 0.9833 0.9665 0.9748
November 0.9816 0.9736 0.9768
December 0.9788 0.9666 0.9738