2016 PHP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PHP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PHP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 27.9097. Conversely, the yearly low was recorded on May 9, dropping to 24.7222.
This high-to-low spread represents a total annual volatility of 3.1875 MMK. From a start-to-finish perspective, comparing the January average rate of 27.3485 to the December average rate of 27.1156, the exchange rate registered a net change of -0.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 27.9097 was down 0.32% compared to the 2015 peak of 27.9997, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.9604, compared to 26.0521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0917 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was April, with a trading range of 1.5465 MMK (High: 26.3797 / Low: 24.8331). On the other end, March was the most stable month, with a tight range of 0.3354 MMK (High: 26.2607 / Low: 25.9253).
Growth Streaks & Declines
TrendsBetween July and December, 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 January and February, when the average rate fell by 1.1702 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 27.3485) against the same month in 2015 (average: 23.0841), the exchange rate shifted by +4.2644 (+18.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.9097 | 26.9819 | 27.3485 |
| February | 27.1946 | 25.8230 | 26.1783 |
| March | 26.2607 | 25.9253 | 26.1090 |
| April | 26.3797 | 24.8331 | 25.5208 |
| May | 25.4160 | 24.7222 | 25.0519 |
| June | 25.9428 | 24.9513 | 25.5537 |
| July | 25.3777 | 24.8005 | 25.0535 |
| August | 26.1576 | 25.1580 | 25.5963 |
| September | 26.1942 | 25.5939 | 25.8542 |
| October | 26.6756 | 25.7341 | 26.3350 |
| November | 26.6590 | 26.1459 | 26.3578 |
| December | 27.8418 | 26.4247 | 27.1156 |