2022 NOK to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 NOK to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the NOK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 12, valuing the pair at 219.5783. Conversely, the yearly low was recorded on July 12, dropping to 180.2647.
This high-to-low spread represents a total annual volatility of 39.3136 MMK. From a start-to-finish perspective, comparing the January average rate of 200.8413 to the December average rate of 212.7670, the exchange rate registered a net change of 5.94% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 219.5783 was down 4.45% compared to the 2021 peak of 229.7938, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
NOK 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 198.6820, compared to 202.7130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0310 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 30.8238 MMK (High: 219.5783 / Low: 188.7545). On the other end, February was the most stable month, with a tight range of 6.4208 MMK (High: 203.6175 / Low: 197.1966).
Growth Streaks & Declines
TrendsBetween February and April, 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 April and May, when the average rate fell by 13.3260 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2022: 207.0767) against the same month in 2021 (average: 185.9030), the exchange rate shifted by +21.1737 (+11.39%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 205.1162 | 197.4427 | 200.8413 |
| February | 203.6175 | 197.1966 | 200.4715 |
| March | 207.3960 | 196.1947 | 201.3777 |
| April | 212.9662 | 196.5560 | 206.3609 |
| May | 200.3664 | 187.1397 | 193.0349 |
| June | 197.6890 | 185.0851 | 190.0058 |
| July | 191.9720 | 180.2647 | 185.4512 |
| August | 219.5783 | 188.7545 | 207.0767 |
| September | 213.4752 | 193.0257 | 204.7881 |
| October | 204.4062 | 193.0257 | 198.6602 |
| November | 213.6051 | 198.0960 | 207.5349 |
| December | 216.0689 | 209.5246 | 212.7670 |