YEARLY HIGH
38.7745 MMK
YEARLY LOW
27.4034 MMK
YEARLY AVERAGE
32.6673 MMK

2021 PHP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 38.7745. Conversely, the yearly low was recorded on January 6, dropping to 27.4034.

This high-to-low spread represents a total annual volatility of 11.3711 MMK. From a start-to-finish perspective, comparing the January average rate of 27.6773 to the December average rate of 35.3877, the exchange rate registered a net change of 27.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 38.7745 was up 31.96% compared to the 2020 peak of 29.3837, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 9,693,626 MMK
2020 Average 6,931,958 MMK
Yearly Trough Low 6,850,859 MMK
Transaction Impact: A difference of 2,842,767.52 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

38.1947
26.7211
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 30.4966, compared to 34.8380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3414 points.

H1 Avg (Jan–Jun) 30.4966
H2 Avg (Jul–Dec) 34.8380

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 4.4040 MMK (High: 37.2463 / Low: 32.8423). On the other end, March was the most stable month, with a tight range of 0.2300 MMK (High: 29.1742 / Low: 28.9442).

September Spread (Volatile) ±4.4040
March Spread (Stable) ±0.2300

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 1.7185 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.7185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 37.2386) against the same month in 2020 (average: 26.6417), the exchange rate shifted by +10.5969 (+39.78%).

2021 Avg (October) 37.2386
2020 Avg (October) 26.6417

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.8740 27.4034 27.6773
February 29.4224 27.6202 29.0139
March 29.1742 28.9442 29.0450
April 32.2766 28.9581 29.7099
May 34.5276 32.2766 33.3587
June 34.5650 33.7234 34.1745
July 33.5298 32.2590 32.8889
August 33.7132 32.4476 32.7926
September 37.2463 32.8423 35.2001
October 38.7745 35.5320 37.2386
November 36.4663 35.0342 35.5201
December 35.9320 34.6648 35.3877