YEARLY HIGH
599.5068 MMK
YEARLY LOW
501.5104 MMK
YEARLY AVERAGE
546.6982 MMK

2022 PGK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 599.5068. Conversely, the yearly low was recorded on January 5, dropping to 501.5104.

This high-to-low spread represents a total annual volatility of 97.9965 MMK. From a start-to-finish perspective, comparing the January average rate of 504.5482 to the December average rate of 595.6824, the exchange rate registered a net change of 18.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 599.5068 was up 7.32% compared to the 2021 peak of 558.6408, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PGK based on timing:

Yearly Peak High 2,997,534 MMK
2021 Average 2,285,738 MMK
Yearly Trough Low 2,507,552 MMK
Transaction Impact: A difference of 489,982.29 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

605.2405
495.3944
JanuMarcMayJulySeptNove

PGK to MMK 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 513.8726, compared to 579.5238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 65.6512 points.

H1 Avg (Jan–Jun) 513.8726
H2 Avg (Jul–Dec) 579.5238

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 72.6876 MMK (High: 597.9016 / Low: 525.2140). On the other end, March was the most stable month, with a tight range of 4.8316 MMK (High: 506.9008 / Low: 502.0692).

August Spread (Volatile) ±72.6876
March Spread (Stable) ±4.8316

Growth Streaks & Declines

Trends

Between June and September, 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 May and June, when the average rate fell by 3.2903 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.2903

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 596.0867) against the same month in 2021 (average: 501.7057), the exchange rate shifted by +94.3810 (+18.81%).

2022 Avg (September) 596.0867
2021 Avg (September) 501.7057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 507.4087 501.5104 504.5482
February 507.1998 502.0322 505.0951
March 506.9008 502.0692 505.0499
April 528.6002 504.5466 521.7069
May 530.2783 518.7929 525.0628
June 525.7176 515.3160 521.7726
July 526.0333 518.7659 521.8665
August 597.9016 525.2140 571.7789
September 599.5068 589.5510 596.0867
October 596.9517 590.4002 595.8340
November 596.7855 591.5714 595.8941
December 597.8389 588.4169 595.6824