YEARLY HIGH
0.0383 PHP
YEARLY LOW
0.0362 PHP
YEARLY AVERAGE
0.0370 PHP

2017 MMK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MMK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 0.0383. Conversely, the yearly low was recorded on January 1, dropping to 0.0362.

This high-to-low spread represents a total annual volatility of 0.0021 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0367 to the December average rate of 0.0370, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0383 was down 5.39% compared to the 2016 peak of 0.0404, 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 191 PHP
2016 Average 192 PHP
Yearly Trough Low 181 PHP
Transaction Impact: A difference of 10.46 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0378
0.0364
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 0.0366, compared to 0.0374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0366
H2 Avg (Jul–Dec) 0.0374

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0013 PHP (High: 0.0381 / Low: 0.0367). On the other end, February was the most stable month, with a tight range of 0.0006 PHP (High: 0.0369 / Low: 0.0362).

November Spread (Volatile) ±0.0013
February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between May and August, 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 November and December, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 0.0377) against the same month in 2016 (average: 0.0380), the exchange rate shifted by -0.0002 (-0.65%).

2017 Avg (October) 0.0377
2016 Avg (October) 0.0380

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0371 0.0362 0.0367
February 0.0369 0.0362 0.0365
March 0.0372 0.0365 0.0368
April 0.0371 0.0363 0.0366
May 0.0371 0.0362 0.0366
June 0.0370 0.0362 0.0366
July 0.0375 0.0368 0.0372
August 0.0381 0.0368 0.0375
September 0.0380 0.0371 0.0375
October 0.0383 0.0371 0.0377
November 0.0381 0.0367 0.0376
December 0.0375 0.0366 0.0370