YEARLY HIGH
0.0592 CVE
YEARLY LOW
0.0493 CVE
YEARLY AVERAGE
0.0546 CVE

2022 MMK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 0.0592. Conversely, the yearly low was recorded on December 31, dropping to 0.0493.

This high-to-low spread represents a total annual volatility of 0.0099 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0550 to the December average rate of 0.0497, the exchange rate registered a net change of -9.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0592 was down 14.32% compared to the 2021 peak of 0.0691, 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 296 CVE
2021 Average 293 CVE
Yearly Trough Low 247 CVE
Transaction Impact: A difference of 49.67 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0589
0.0488
JanuMarcMayJulySeptNove

MMK to CVE 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 0.0558, compared to 0.0534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0558
H2 Avg (Jul–Dec) 0.0534

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0077 CVE (High: 0.0590 / Low: 0.0514). On the other end, December was the most stable month, with a tight range of 0.0013 CVE (High: 0.0506 / Low: 0.0493).

August Spread (Volatile) ±0.0077
December Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0037 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 0.0581) against the same month in 2021 (average: 0.0569), the exchange rate shifted by +0.0012 (+2.07%).

2022 Avg (July) 0.0581
2021 Avg (July) 0.0569

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0559 0.0543 0.0550
February 0.0560 0.0543 0.0549
March 0.0573 0.0555 0.0565
April 0.0571 0.0546 0.0556
May 0.0575 0.0557 0.0565
June 0.0574 0.0557 0.0565
July 0.0592 0.0563 0.0581
August 0.0590 0.0514 0.0544
September 0.0549 0.0506 0.0530
October 0.0556 0.0529 0.0537
November 0.0537 0.0503 0.0518
December 0.0506 0.0493 0.0497