2022 ZAR to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ZAR to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ZAR to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 12, valuing the pair at 129.9245. Conversely, the yearly low was recorded on July 20, dropping to 107.8844.
This high-to-low spread represents a total annual volatility of 22.0401 MMK. From a start-to-finish perspective, comparing the January average rate of 114.7053 to the December average rate of 121.5072, the exchange rate registered a net change of 5.93% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 129.9245 was down 1.06% compared to the 2021 peak of 131.3145, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
ZAR 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 117.7104, compared to 117.9626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2521 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 20.1336 MMK (High: 129.9245 / Low: 109.7909). On the other end, February was the most stable month, with a tight range of 3.8266 MMK (High: 118.4707 / Low: 114.6441).
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 June and July, when the average rate fell by 6.9904 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2022: 120.5592) against the same month in 2021 (average: 111.2918), the exchange rate shifted by +9.2673 (+8.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 117.8283 | 110.8184 | 114.7053 |
| February | 118.4707 | 114.6441 | 116.7100 |
| March | 122.6604 | 115.4509 | 118.8911 |
| April | 127.4595 | 115.6749 | 122.3368 |
| May | 119.5669 | 114.0267 | 116.5237 |
| June | 121.0347 | 113.6022 | 117.0956 |
| July | 113.3638 | 107.8844 | 110.1053 |
| August | 129.9245 | 109.7909 | 120.5592 |
| September | 122.7176 | 116.0978 | 119.4277 |
| October | 119.0868 | 113.5389 | 115.8698 |
| November | 123.6801 | 113.8706 | 120.3063 |
| December | 123.9949 | 119.1065 | 121.5072 |