2024 PHP to MMK Historical Review

YEARLY HIGH

55.6560 MMK

YEARLY LOW

35.2991 MMK

YEARLY AVERAGE

37.0286 MMK

2024 PHP to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 55.6560. Conversely, the yearly low was recorded on December 18, dropping to 35.2991.

This high-to-low spread represents a total annual volatility of 20.3569 MMK. From a start-to-finish perspective, comparing the January average rate of 37.5197 to the December average rate of 35.9104, the exchange rate registered a net change of -4.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 55.6560 was up 40.91% compared to the 2023 peak of 39.4971, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 13,914,003 MMK

2023 Average 9,437,234 MMK

Yearly Trough Low 8,824,767 MMK

Transaction Impact: A difference of 5,089,236.48 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

39.2507

35.4254

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 37.1638, compared to 36.8934 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2704 points.

H1 Avg (Jan–Jun) 37.1638

H2 Avg (Jul–Dec) 36.8934

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 19.8775 MMK (High: 55.6560 / Low: 35.7785). On the other end, November was the most stable month, with a tight range of 0.4963 MMK (High: 36.0141 / Low: 35.5178).

July Spread (Volatile) ±19.8775

November Spread (Stable) ±0.4963

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 2.1052 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.1052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 38.9319) against the same month in 2023 (average: 38.2038), the exchange rate shifted by +0.7281 (+1.91%).

2024 Avg (July) 38.9319

2023 Avg (July) 38.2038

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.0146	37.2248	37.5197
February	37.7783	37.2512	37.4919
March	37.9518	37.0759	37.5420
April	37.3160	36.3172	36.8032
May	36.7864	35.8718	36.3363
June	42.4912	35.6112	37.2899
July	55.6560	35.7785	38.9319
August	37.3659	35.9749	36.8267
September	37.7586	37.1121	37.4410
October	37.2878	35.8618	36.5064
November	36.0141	35.5178	35.7441
December	36.2913	35.2991	35.9104

2024 PHP నుండి MMK చారిత్రక సమీక్ష