YEARLY HIGH
0.0365 PHP
YEARLY LOW
0.0258 PHP
YEARLY AVERAGE
0.0309 PHP

2021 MMK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0365. Conversely, the yearly low was recorded on October 7, dropping to 0.0258.

This high-to-low spread represents a total annual volatility of 0.0107 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0361 to the December average rate of 0.0283, the exchange rate registered a net change of -21.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0365 was down 3.73% compared to the 2020 peak of 0.0379, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 182 PHP
2020 Average 180 PHP
Yearly Trough Low 129 PHP
Transaction Impact: A difference of 53.51 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0371
0.0259
JanuMarcMayJulySeptNove

MMK to PHP Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0330, compared to 0.0288 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0330
H2 Avg (Jul–Dec) 0.0288

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0036 PHP (High: 0.0304 / Low: 0.0268). On the other end, March was the most stable month, with a tight range of 0.0003 PHP (High: 0.0345 / Low: 0.0343).

September Spread (Volatile) ±0.0036
March Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 0.0037 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0361) against the same month in 2020 (average: 0.0346), the exchange rate shifted by +0.0015 (+4.37%).

2021 Avg (January) 0.0361
2020 Avg (January) 0.0346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0365 0.0359 0.0361
February 0.0362 0.0340 0.0345
March 0.0345 0.0343 0.0344
April 0.0345 0.0310 0.0337
May 0.0310 0.0290 0.0300
June 0.0297 0.0289 0.0293
July 0.0310 0.0298 0.0304
August 0.0308 0.0297 0.0305
September 0.0304 0.0268 0.0285
October 0.0281 0.0258 0.0269
November 0.0285 0.0274 0.0282
December 0.0288 0.0278 0.0283