2022 SGD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 SGD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the SGD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1566.6012. Conversely, the yearly low was recorded on February 27, dropping to 1298.6470.
This high-to-low spread represents a total annual volatility of 267.9542 MMK. From a start-to-finish perspective, comparing the January average rate of 1316.1065 to the December average rate of 1553.4899, the exchange rate registered a net change of 18.04% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 1566.6012 was up 8.17% compared to the 2021 peak of 1448.2127, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
SGD 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 1327.8847, compared to 1468.5145 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 140.6298 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 195.4042 MMK (High: 1532.0691 / Low: 1336.6649). On the other end, March was the most stable month, with a tight range of 14.4769 MMK (High: 1314.7474 / Low: 1300.2705).
Growth Streaks & Declines
TrendsBetween July and September, 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 September and October, when the average rate fell by 11.2332 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 1553.4899) against the same month in 2021 (average: 1305.8886), the exchange rate shifted by +247.6013 (+18.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1322.7273 | 1304.4355 | 1316.1065 |
| February | 1325.2444 | 1298.6470 | 1319.4737 |
| March | 1314.7474 | 1300.2705 | 1308.7206 |
| April | 1375.4150 | 1305.6659 | 1344.8328 |
| May | 1353.9007 | 1325.5220 | 1340.1918 |
| June | 1351.2959 | 1328.7117 | 1337.9827 |
| July | 1343.1270 | 1314.4086 | 1327.5045 |
| August | 1532.0691 | 1336.6649 | 1455.0418 |
| September | 1504.7977 | 1459.8502 | 1485.7352 |
| October | 1490.3152 | 1459.1329 | 1474.5020 |
| November | 1544.3985 | 1473.7751 | 1514.8136 |
| December | 1566.6012 | 1544.2316 | 1553.4899 |