2022 TRY to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 TRY to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the TRY to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 136.1728. Conversely, the yearly low was recorded on August 2, dropping to 103.0965.
This high-to-low spread represents a total annual volatility of 33.0763 MMK. From a start-to-finish perspective, comparing the January average rate of 131.3985 to the December average rate of 112.6151, the exchange rate registered a net change of -14.30% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 136.1728 was down 38.46% compared to the 2021 peak of 221.2928, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 TRY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
TRY 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 122.7026, compared to 111.8163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.8863 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 14.0165 MMK (High: 117.1130 / Low: 103.0965). On the other end, December was the most stable month, with a tight range of 0.8326 MMK (High: 113.0455 / Low: 112.2130).
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 May and June, when the average rate fell by 9.5114 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 131.3985) against the same month in 2021 (average: 179.8053), the exchange rate shifted by -48.4068 (-26.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 136.1728 | 128.1515 | 131.3985 |
| February | 132.8743 | 125.4266 | 130.3059 |
| March | 127.9522 | 119.6543 | 121.6961 |
| April | 127.7132 | 120.4825 | 124.8467 |
| May | 125.5664 | 112.8851 | 118.7399 |
| June | 112.9957 | 106.7186 | 109.2285 |
| July | 110.5246 | 103.1758 | 106.1270 |
| August | 117.1130 | 103.0965 | 111.7481 |
| September | 115.4068 | 113.5321 | 114.6536 |
| October | 113.6438 | 111.6576 | 112.9770 |
| November | 113.6975 | 111.5541 | 112.7771 |
| December | 113.0455 | 112.2130 | 112.6151 |