2022 PHP to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PHP to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PHP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 62.0125. Conversely, the yearly low was recorded on September 27, dropping to 54.6922.
This high-to-low spread represents a total annual volatility of 7.3202 MNT. From a start-to-finish perspective, comparing the January average rate of 55.8462 to the December average rate of 61.3401, the exchange rate registered a net change of 9.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 62.0125 was up 3.32% compared to the 2021 peak of 60.0225, 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 MNT 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 56.8500, compared to 57.7410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8910 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 3.0673 MNT (High: 60.4018 / Low: 57.3345). On the other end, January was the most stable month, with a tight range of 0.5786 MNT (High: 56.1062 / Low: 55.5276).
Growth Streaks & Declines
TrendsBetween September and December, 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 June and July, when the average rate fell by 1.8079 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 61.3401) against the same month in 2021 (average: 56.8176), the exchange rate shifted by +4.5224 (+7.96%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 56.1062 | 55.5276 | 55.8462 |
| February | 56.1324 | 55.3967 | 55.8335 |
| March | 55.9759 | 54.8257 | 55.3096 |
| April | 57.7878 | 56.1667 | 57.2572 |
| May | 59.4918 | 57.8752 | 58.8052 |
| June | 59.1722 | 56.8796 | 58.0482 |
| July | 57.1204 | 55.7506 | 56.2402 |
| August | 57.4375 | 56.6868 | 57.0233 |
| September | 56.5289 | 54.6922 | 55.9460 |
| October | 58.0982 | 55.4191 | 56.6968 |
| November | 60.4018 | 57.3345 | 59.1995 |
| December | 62.0125 | 60.5952 | 61.3401 |