YEARLY HIGH
0.0008 SGD
YEARLY LOW
0.0006 SGD
YEARLY AVERAGE
0.0007 SGD

2022 MMK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 27, valuing the pair at 0.0008. Conversely, the yearly low was recorded on December 31, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0001 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0008 to the December average rate of 0.0006, the exchange rate registered a net change of -15.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0008 was down 23.28% compared to the 2021 peak of 0.0010, 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 4 SGD
2021 Average 4 SGD
Yearly Trough Low 3 SGD
Transaction Impact: A difference of 0.66 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0008
0.0006
JanuMarcMayJulySeptNove

MMK to SGD 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 0.0008, compared to 0.0007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0008
H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0001 SGD (High: 0.0007 / Low: 0.0007). On the other end, March was the most stable month, with a tight range of 0.0000 SGD (High: 0.0008 / Low: 0.0008).

August Spread (Volatile) ±0.0001
March Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0008) against the same month in 2021 (average: 0.0009), the exchange rate shifted by -0.0002 (-20.05%).

2022 Avg (February) 0.0008
2021 Avg (February) 0.0009

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0008 0.0008 0.0008
February 0.0008 0.0008 0.0008
March 0.0008 0.0008 0.0008
April 0.0008 0.0007 0.0007
May 0.0008 0.0007 0.0007
June 0.0008 0.0007 0.0007
July 0.0008 0.0007 0.0008
August 0.0007 0.0007 0.0007
September 0.0007 0.0007 0.0007
October 0.0007 0.0007 0.0007
November 0.0007 0.0006 0.0007
December 0.0006 0.0006 0.0006