2018 PHP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PHP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PHP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 30.6185. Conversely, the yearly low was recorded on February 20, dropping to 25.3005.
This high-to-low spread represents a total annual volatility of 5.3180 MMK. From a start-to-finish perspective, comparing the January average rate of 26.6304 to the December average rate of 29.6705, the exchange rate registered a net change of 11.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 30.6185 was up 10.77% compared to the 2017 peak of 27.6420, 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 2018.
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 25.8836, compared to 28.8541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9705 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 2.1129 MMK (High: 30.1527 / Low: 28.0398). On the other end, March was the most stable month, with a tight range of 0.3186 MMK (High: 25.7937 / Low: 25.4752).
Growth Streaks & Declines
TrendsBetween April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.9351 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 30.2849) against the same month in 2017 (average: 26.6127), the exchange rate shifted by +3.6722 (+13.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.2318 | 25.9130 | 26.6304 |
| February | 25.9931 | 25.3005 | 25.6953 |
| March | 25.7937 | 25.4752 | 25.6590 |
| April | 26.1234 | 25.3623 | 25.6185 |
| May | 26.0636 | 25.6686 | 25.8437 |
| June | 26.5317 | 25.4826 | 25.8547 |
| July | 27.4972 | 26.3126 | 26.7843 |
| August | 29.0064 | 27.4825 | 28.1456 |
| September | 30.0050 | 28.3652 | 29.0631 |
| October | 30.1527 | 28.0398 | 29.1762 |
| November | 30.6185 | 29.7140 | 30.2849 |
| December | 30.3900 | 29.2876 | 29.6705 |