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2013 PHP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the PHP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 22, valuing the pair at 22.8977. Conversely, the yearly low was recorded on January 1, dropping to 20.8631.
This high-to-low spread represents a total annual volatility of 2.0346 MMK. From a start-to-finish perspective, comparing the January average rate of 21.0480 to the December average rate of 22.2724, the exchange rate registered a net change of 5.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 22.8977 was up 8.01% compared to the 2012 peak of 21.1998, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
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PHP 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: JanâJun) was 21.5896, compared to 22.3586 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.7690 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was May, with a trading range of 1.2509 MMK (High: 22.8977 / Low: 21.6469). On the other end, October was the most stable month, with a tight range of 0.2901 MMK (High: 22.6205 / Low: 22.3304).
Growth Streaks & Declines
TrendsBetween January and March, 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 July and August, when the average rate fell by 0.4596 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2013: 22.2678) against the same month in 2012 (average: 19.3776), the exchange rate shifted by +2.8902 (+14.92%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 21.1799 | 20.8631 | 21.0480 |
| February | 21.3528 | 21.0556 | 21.1448 |
| March | 21.7746 | 21.1580 | 21.4679 |
| April | 21.6315 | 21.2299 | 21.4434 |
| May | 22.8977 | 21.6469 | 22.2678 |
| June | 22.6477 | 21.8320 | 22.1658 |
| July | 22.8106 | 22.3513 | 22.6114 |
| August | 22.4220 | 21.7267 | 22.1517 |
| September | 22.6077 | 21.7604 | 22.1986 |
| October | 22.6205 | 22.3304 | 22.5356 |
| November | 22.5721 | 22.1781 | 22.3816 |
| December | 22.5874 | 22.0993 | 22.2724 |