2022 PHP to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PHP to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PHP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 38.2429. Conversely, the yearly low was recorded on July 21, dropping to 32.7879.
This high-to-low spread represents a total annual volatility of 5.4550 MMK. From a start-to-finish perspective, comparing the January average rate of 34.7075 to the December average rate of 37.8196, the exchange rate registered a net change of 8.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 38.2429 was down 1.37% compared to the 2021 peak of 38.7745, 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 2022.
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 34.7726, compared to 35.9497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1771 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 4.5643 MMK (High: 37.7584 / Low: 33.1941). On the other end, January was the most stable month, with a tight range of 0.4121 MMK (High: 34.8826 / Low: 34.4704).
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 1.3642 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 37.8196) against the same month in 2021 (average: 35.3877), the exchange rate shifted by +2.4318 (+6.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.8826 | 34.4704 | 34.7075 |
| February | 34.8565 | 34.3903 | 34.6548 |
| March | 34.6440 | 33.8548 | 34.1086 |
| April | 35.9424 | 34.5284 | 35.3054 |
| May | 35.5236 | 35.0934 | 35.3613 |
| June | 35.2741 | 33.6581 | 34.4980 |
| July | 33.6375 | 32.7879 | 33.1338 |
| August | 37.7584 | 33.1941 | 36.0714 |
| September | 37.0089 | 35.4614 | 36.4134 |
| October | 36.1779 | 35.2688 | 35.7329 |
| November | 37.2200 | 35.5536 | 36.5273 |
| December | 38.2429 | 37.3759 | 37.8196 |