YEARLY HIGH
0.8411 MMK
YEARLY LOW
0.7027 MMK
YEARLY AVERAGE
0.7674 MMK

2022 SYP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SYP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.8411. Conversely, the yearly low was recorded on February 27, dropping to 0.7027.

This high-to-low spread represents a total annual volatility of 0.1384 MMK. From a start-to-finish perspective, comparing the January average rate of 0.7076 to the December average rate of 0.8360, the exchange rate registered a net change of 18.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.8411 was down 69.47% compared to the 2021 peak of 2.7545, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,205 MMK
2021 Average 7,751 MMK
Yearly Trough Low 3,513 MMK
Transaction Impact: A difference of 692.18 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.8489
0.6948
JanuMarcMayJulySeptNove

SYP 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 0.7215, compared to 0.8134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0919 points.

H1 Avg (Jan–Jun) 0.7215
H2 Avg (Jul–Dec) 0.8134

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.1037 MMK (High: 0.8400 / Low: 0.7363). On the other end, December was the most stable month, with a tight range of 0.0033 MMK (High: 0.8386 / Low: 0.8353).

August Spread (Volatile) ±0.1037
December Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 0.0007 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.8354) against the same month in 2021 (average: 1.4055), the exchange rate shifted by -0.5701 (-40.56%).

2022 Avg (September) 0.8354
2021 Avg (September) 1.4055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7081 0.7042 0.7076
February 0.7107 0.7027 0.7077
March 0.7113 0.7055 0.7079
April 0.7441 0.7076 0.7311
May 0.7408 0.7336 0.7370
June 0.7422 0.7365 0.7374
July 0.7382 0.7335 0.7367
August 0.8400 0.7363 0.8020
September 0.8411 0.8259 0.8354
October 0.8406 0.8264 0.8355
November 0.8366 0.8261 0.8348
December 0.8386 0.8353 0.8360