2022 SRD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 SRD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the SRD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 90.2753. Conversely, the yearly low was recorded on December 5, dropping to 65.6827.
This high-to-low spread represents a total annual volatility of 24.5926 MMK. From a start-to-finish perspective, comparing the January average rate of 84.0290 to the December average rate of 66.3090, the exchange rate registered a net change of -21.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 90.2753 was down 22.41% compared to the 2021 peak of 116.3538, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
SRD 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 86.4266, compared to 75.1275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.2991 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 12.9433 MMK (High: 86.9345 / Low: 73.9912). On the other end, December was the most stable month, with a tight range of 0.9404 MMK (High: 66.6231 / Low: 65.6827).
Growth Streaks & Declines
TrendsBetween January and April, 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 October and November, when the average rate fell by 4.7427 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2022: 88.6110) against the same month in 2021 (average: 101.6756), the exchange rate shifted by -13.0646 (-12.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 85.4677 | 83.2125 | 84.0290 |
| February | 87.6591 | 84.8699 | 86.2654 |
| March | 87.2808 | 85.4915 | 86.3073 |
| April | 90.2753 | 85.7046 | 88.6110 |
| May | 89.3213 | 87.6451 | 88.3731 |
| June | 87.6445 | 82.8492 | 84.9735 |
| July | 83.0124 | 76.5350 | 80.9436 |
| August | 86.9345 | 73.9912 | 82.4703 |
| September | 83.1517 | 73.4860 | 77.8094 |
| October | 76.5212 | 71.9764 | 73.9875 |
| November | 71.6603 | 66.3725 | 69.2448 |
| December | 66.6231 | 65.6827 | 66.3090 |