YEARLY HIGH
0.0692 NPR
YEARLY LOW
0.0603 NPR
YEARLY AVERAGE
0.0654 NPR

2022 MMK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0692. Conversely, the yearly low was recorded on September 13, dropping to 0.0603.

This high-to-low spread represents a total annual volatility of 0.0090 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0670 to the December average rate of 0.0628, the exchange rate registered a net change of -6.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0692 was down 22.00% compared to the 2021 peak of 0.0887, 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 346 NPR
2021 Average 371 NPR
Yearly Trough Low 301 NPR
Transaction Impact: A difference of 44.79 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0695
0.0603
JanuMarcMayJulySeptNove

MMK to NPR 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 0.0673, compared to 0.0635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0673
H2 Avg (Jul–Dec) 0.0635

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0081 NPR (High: 0.0685 / Low: 0.0605). On the other end, February was the most stable month, with a tight range of 0.0008 NPR (High: 0.0679 / Low: 0.0671).

August Spread (Volatile) ±0.0081
February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between 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 0.0053 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0686) against the same month in 2021 (average: 0.0825), the exchange rate shifted by -0.0139 (-16.90%).

2022 Avg (March) 0.0686
2021 Avg (March) 0.0825

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0676 0.0664 0.0670
February 0.0679 0.0671 0.0674
March 0.0692 0.0681 0.0686
April 0.0683 0.0654 0.0664
May 0.0671 0.0659 0.0667
June 0.0682 0.0670 0.0674
July 0.0691 0.0681 0.0687
August 0.0685 0.0605 0.0634
September 0.0624 0.0603 0.0611
October 0.0633 0.0621 0.0627
November 0.0632 0.0616 0.0623
December 0.0631 0.0619 0.0628