YEARLY HIGH
0.0305 PHP
YEARLY LOW
0.0261 PHP
YEARLY AVERAGE
0.0283 PHP

2022 MMK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.0305. Conversely, the yearly low was recorded on December 20, dropping to 0.0261.

This high-to-low spread represents a total annual volatility of 0.0044 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0288 to the December average rate of 0.0264, the exchange rate registered a net change of -8.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0305 was down 16.42% compared to the 2021 peak of 0.0365, 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 152 PHP
2021 Average 154 PHP
Yearly Trough Low 131 PHP
Transaction Impact: A difference of 21.75 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0306
0.0261
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 0.0288, compared to 0.0279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0288
H2 Avg (Jul–Dec) 0.0279

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0036 PHP (High: 0.0301 / Low: 0.0265). On the other end, January was the most stable month, with a tight range of 0.0003 PHP (High: 0.0290 / Low: 0.0287).

August Spread (Volatile) ±0.0036
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between 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 0.0024 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 0.0302) against the same month in 2021 (average: 0.0304), the exchange rate shifted by -0.0002 (-0.74%).

2022 Avg (July) 0.0302
2021 Avg (July) 0.0304

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0290 0.0287 0.0288
February 0.0291 0.0287 0.0289
March 0.0295 0.0289 0.0293
April 0.0290 0.0278 0.0283
May 0.0285 0.0282 0.0283
June 0.0297 0.0283 0.0290
July 0.0305 0.0297 0.0302
August 0.0301 0.0265 0.0278
September 0.0282 0.0270 0.0275
October 0.0284 0.0276 0.0280
November 0.0281 0.0269 0.0274
December 0.0268 0.0261 0.0264