YEARLY HIGH
0.0093 ZAR
YEARLY LOW
0.0077 ZAR
YEARLY AVERAGE
0.0085 ZAR

2022 MMK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.0093. Conversely, the yearly low was recorded on August 13, dropping to 0.0077.

This high-to-low spread represents a total annual volatility of 0.0016 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0087 to the December average rate of 0.0082, the exchange rate registered a net change of -5.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0093 was down 20.26% compared to the 2021 peak of 0.0116, 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 46 ZAR
2021 Average 46 ZAR
Yearly Trough Low 38 ZAR
Transaction Impact: A difference of 7.86 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0092
0.0081
JanuMarcMayJulySeptNove

MMK to ZAR 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 0.0085, compared to 0.0085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0085
H2 Avg (Jul–Dec) 0.0085

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0014 ZAR (High: 0.0091 / Low: 0.0077). On the other end, February was the most stable month, with a tight range of 0.0003 ZAR (High: 0.0087 / Low: 0.0084).

August Spread (Volatile) ±0.0014
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 0.0091) against the same month in 2021 (average: 0.0088), the exchange rate shifted by +0.0003 (+3.04%).

2022 Avg (July) 0.0091
2021 Avg (July) 0.0088

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0090 0.0085 0.0087
February 0.0087 0.0084 0.0086
March 0.0087 0.0082 0.0084
April 0.0086 0.0078 0.0082
May 0.0088 0.0084 0.0086
June 0.0088 0.0083 0.0085
July 0.0093 0.0088 0.0091
August 0.0091 0.0077 0.0083
September 0.0086 0.0081 0.0084
October 0.0088 0.0084 0.0086
November 0.0088 0.0081 0.0083
December 0.0084 0.0081 0.0082