2022 MMK to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MMK to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MMK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 8.1451. Conversely, the yearly low was recorded on August 13, dropping to 6.9796.
This high-to-low spread represents a total annual volatility of 1.1655 IDR. From a start-to-finish perspective, comparing the January average rate of 8.0627 to the December average rate of 7.4122, the exchange rate registered a net change of -8.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 8.1451 was down 23.52% compared to the 2021 peak of 10.6504, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MMK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MMK to IDR 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 7.9763, compared to 7.4740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5024 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 1.0882 IDR (High: 8.0677 / Low: 6.9796). On the other end, January was the most stable month, with a tight range of 0.0995 IDR (High: 8.1078 / Low: 8.0083).
Growth Streaks & Declines
TrendsBetween April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.6994 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2022: 8.0870) against the same month in 2021 (average: 8.8147), the exchange rate shifted by -0.7277 (-8.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.1078 | 8.0083 | 8.0627 |
| February | 8.1265 | 8.0245 | 8.0746 |
| March | 8.1177 | 8.0153 | 8.0684 |
| April | 8.0888 | 7.6780 | 7.8398 |
| May | 7.9712 | 7.7896 | 7.8749 |
| June | 8.0803 | 7.7804 | 7.9375 |
| July | 8.1451 | 7.9899 | 8.0870 |
| August | 8.0677 | 6.9796 | 7.3876 |
| September | 7.2843 | 7.0577 | 7.1432 |
| October | 7.5285 | 7.2194 | 7.3528 |
| November | 7.5545 | 7.3708 | 7.4611 |
| December | 7.5157 | 7.3171 | 7.4122 |