YEARLY HIGH
0.0404 PHP
YEARLY LOW
0.0358 PHP
YEARLY AVERAGE
0.0385 PHP

2016 MMK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MMK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.0404. Conversely, the yearly low was recorded on January 1, dropping to 0.0358.

This high-to-low spread represents a total annual volatility of 0.0046 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0366 to the December average rate of 0.0369, the exchange rate registered a net change of 0.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0404 was down 7.55% compared to the 2015 peak of 0.0438, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202 PHP
2015 Average 206 PHP
Yearly Trough Low 179 PHP
Transaction Impact: A difference of 23.10 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0403
0.0362
JanuMarcMayJulySeptNove

MMK to PHP 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 0.0386, compared to 0.0384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0386
H2 Avg (Jul–Dec) 0.0384

Volatility Range Comparison

Volatility

The most volatile month in 2016 was April, with a trading range of 0.0024 PHP (High: 0.0403 / Low: 0.0379). On the other end, March was the most stable month, with a tight range of 0.0005 PHP (High: 0.0386 / Low: 0.0381).

April Spread (Volatile) ±0.0024
March Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2016: 0.0399) against the same month in 2015 (average: 0.0410), the exchange rate shifted by -0.0011 (-2.59%).

2016 Avg (May) 0.0399
2015 Avg (May) 0.0410

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0371 0.0358 0.0366
February 0.0387 0.0368 0.0382
March 0.0386 0.0381 0.0383
April 0.0403 0.0379 0.0392
May 0.0404 0.0393 0.0399
June 0.0401 0.0385 0.0391
July 0.0403 0.0394 0.0399
August 0.0397 0.0382 0.0391
September 0.0391 0.0382 0.0387
October 0.0389 0.0375 0.0380
November 0.0382 0.0375 0.0379
December 0.0378 0.0359 0.0369