2022 MVR to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MVR to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MVR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 137.5714. Conversely, the yearly low was recorded on February 27, dropping to 114.2436.
This high-to-low spread represents a total annual volatility of 23.3278 MMK. From a start-to-finish perspective, comparing the January average rate of 115.0664 to the December average rate of 136.6518, the exchange rate registered a net change of 18.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 137.5714 was up 7.83% compared to the 2021 peak of 127.5782, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MVR to MMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 117.3732, compared to 132.6775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.3043 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 17.9044 MMK (High: 137.4971 / Low: 119.5926). On the other end, January was the most stable month, with a tight range of 0.9658 MMK (High: 115.4814 / Low: 114.5155).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0067 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 136.6518) against the same month in 2021 (average: 115.3190), the exchange rate shifted by +21.3327 (+18.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 115.4814 | 114.5155 | 115.0664 |
| February | 115.5454 | 114.2436 | 115.0811 |
| March | 115.8170 | 114.7108 | 115.1238 |
| April | 121.0011 | 114.9972 | 118.8943 |
| May | 120.4320 | 119.2947 | 119.8938 |
| June | 120.6705 | 117.5772 | 120.1799 |
| July | 120.6485 | 118.8330 | 120.1732 |
| August | 137.4971 | 119.5926 | 131.1650 |
| September | 136.8617 | 134.1448 | 135.9171 |
| October | 136.6121 | 135.0538 | 135.9738 |
| November | 136.9469 | 134.5123 | 136.1840 |
| December | 137.5714 | 136.0989 | 136.6518 |