2017 PHP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PHP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PHP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 27.6420. Conversely, the yearly low was recorded on October 24, dropping to 26.1312.
This high-to-low spread represents a total annual volatility of 1.5108 MMK. From a start-to-finish perspective, comparing the January average rate of 27.2795 to the December average rate of 27.0120, the exchange rate registered a net change of -0.98% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 27.6420 was down 0.96% compared to the 2016 peak of 27.9097, 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 2017.
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 27.3069, compared to 26.7399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5670 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 0.9658 MMK (High: 27.2450 / Low: 26.2792). On the other end, February was the most stable month, with a tight range of 0.4670 MMK (High: 27.5905 / Low: 27.1235).
Growth Streaks & Declines
TrendsBetween March and May, 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 June and July, when the average rate fell by 0.4030 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 27.2795) against the same month in 2016 (average: 27.3485), the exchange rate shifted by -0.0690 (-0.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.6420 | 26.9248 | 27.2795 |
| February | 27.5905 | 27.1235 | 27.3775 |
| March | 27.4116 | 26.8979 | 27.2058 |
| April | 27.5635 | 26.9362 | 27.3000 |
| May | 27.5970 | 26.9777 | 27.3587 |
| June | 27.6173 | 27.0264 | 27.3198 |
| July | 27.1833 | 26.6453 | 26.9168 |
| August | 27.1944 | 26.2684 | 26.6901 |
| September | 26.9748 | 26.3437 | 26.7011 |
| October | 26.9281 | 26.1312 | 26.5068 |
| November | 27.2450 | 26.2792 | 26.6127 |
| December | 27.3550 | 26.7015 | 27.0120 |