2023 MMK to PHP Historical Review

YEARLY HIGH

0.0273 PHP

YEARLY LOW

0.0253 PHP

YEARLY AVERAGE

0.0265 PHP

2023 MMK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MMK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0273. Conversely, the yearly low was recorded on February 5, dropping to 0.0253.

This high-to-low spread represents a total annual volatility of 0.0019 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0262 to the December average rate of 0.0264, the exchange rate registered a net change of 0.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0273 was down 10.59% compared to the 2022 peak of 0.0305, 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 136 PHP

2022 Average 142 PHP

Yearly Trough Low 127 PHP

Transaction Impact: A difference of 9.75 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0272

0.0260

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 0.0263, compared to 0.0267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0263

H2 Avg (Jul–Dec) 0.0267

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0013 PHP (High: 0.0266 / Low: 0.0253). On the other end, October was the most stable month, with a tight range of 0.0003 PHP (High: 0.0272 / Low: 0.0269).

February Spread (Volatile) ±0.0013

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0270) against the same month in 2022 (average: 0.0275), the exchange rate shifted by -0.0004 (-1.52%).

2023 Avg (September) 0.0270

2022 Avg (September) 0.0275

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	0.0266	0.0259	0.0262
February	0.0266	0.0253	0.0261
March	0.0265	0.0258	0.0261
April	0.0268	0.0259	0.0263
May	0.0268	0.0264	0.0266
June	0.0268	0.0263	0.0266
July	0.0267	0.0259	0.0262
August	0.0271	0.0261	0.0268
September	0.0273	0.0269	0.0270
October	0.0272	0.0269	0.0271
November	0.0270	0.0263	0.0266
December	0.0266	0.0262	0.0264

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा