YEARLY HIGH
0.1971 LKR
YEARLY LOW
0.1133 LKR
YEARLY AVERAGE
0.1670 LKR

2022 MMK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.1971. Conversely, the yearly low was recorded on March 6, dropping to 0.1133.

This high-to-low spread represents a total annual volatility of 0.0838 LKR. From a start-to-finish perspective, comparing the January average rate of 0.1139 to the December average rate of 0.1746, the exchange rate registered a net change of 53.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1971 was up 32.79% compared to the 2021 peak of 0.1485, 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 986 LKR
2021 Average 622 LKR
Yearly Trough Low 567 LKR
Transaction Impact: A difference of 419.12 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2022
0.1059
JanuMarcMayJulySeptNove

MMK to LKR 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 0.1559, compared to 0.1782 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.1559
H2 Avg (Jul–Dec) 0.1782

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0531 LKR (High: 0.1665 / Low: 0.1133). On the other end, February was the most stable month, with a tight range of 0.0005 LKR (High: 0.1141 / Low: 0.1136).

March Spread (Volatile) ±0.0531
February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0144 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 0.1797) against the same month in 2021 (average: 0.1212), the exchange rate shifted by +0.0585 (+48.22%).

2022 Avg (August) 0.1797
2021 Avg (August) 0.1212

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1142 0.1135 0.1139
February 0.1141 0.1136 0.1139
March 0.1665 0.1133 0.1438
April 0.1917 0.1658 0.1763
May 0.1971 0.1886 0.1931
June 0.1955 0.1886 0.1941
July 0.1969 0.1917 0.1941
August 0.1971 0.1690 0.1797
September 0.1757 0.1699 0.1721
October 0.1749 0.1714 0.1739
November 0.1755 0.1736 0.1748
December 0.1755 0.1737 0.1746