2022 MMK to NGN Historical Review

YEARLY HIGH

0.2347 NGN

YEARLY LOW

0.1996 NGN

YEARLY AVERAGE

0.2205 NGN

2022 MMK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.2347. Conversely, the yearly low was recorded on August 13, dropping to 0.1996.

This high-to-low spread represents a total annual volatility of 0.0351 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2328 to the December average rate of 0.2120, the exchange rate registered a net change of -8.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2347 was down 21.22% compared to the 2021 peak of 0.2979, 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 1,174 NGN

2021 Average 1,263 NGN

Yearly Trough Low 998 NGN

Transaction Impact: A difference of 175.70 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2371

0.2011

JanuMarcMayJulySeptNove

MMK to NGN 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 0.2293, compared to 0.2116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0177 points.

H1 Avg (Jan–Jun) 0.2293

H2 Avg (Jul–Dec) 0.2116

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0284 NGN (High: 0.2280 / Low: 0.1996). On the other end, February was the most stable month, with a tight range of 0.0010 NGN (High: 0.2347 / Low: 0.2337).

August Spread (Volatile) ±0.0284

February Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between September and December, 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 0.0167 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.2341) against the same month in 2021 (average: 0.2783), the exchange rate shifted by -0.0443 (-15.90%).

2022 Avg (February) 0.2341

2021 Avg (February) 0.2783

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2339	0.2313	0.2328
February	0.2347	0.2337	0.2341
March	0.2347	0.2335	0.2340
April	0.2342	0.2219	0.2264
May	0.2245	0.2231	0.2242
June	0.2267	0.2226	0.2245
July	0.2300	0.2238	0.2262
August	0.2280	0.1996	0.2096
September	0.2069	0.2004	0.2041
October	0.2103	0.2054	0.2075
November	0.2114	0.2091	0.2105
December	0.2137	0.2112	0.2120