YEARLY HIGH
33.3633 PHP
YEARLY LOW
30.2623 PHP
YEARLY AVERAGE
31.7975 PHP

2018 BGN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 33.3633. Conversely, the yearly low was recorded on December 2, dropping to 30.2623.

This high-to-low spread represents a total annual volatility of 3.1010 PHP. From a start-to-finish perspective, comparing the January average rate of 31.5175 to the December average rate of 30.7065, the exchange rate registered a net change of -2.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 33.3633 was up 6.41% compared to the 2017 peak of 31.3547, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 166,816 PHP
2017 Average 145,637 PHP
Yearly Trough Low 151,311 PHP
Transaction Impact: A difference of 15,504.96 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

33.0745
30.4391
JanuMarcMayJulySeptNove

BGN 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 32.1790, compared to 31.4160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7631 points.

H1 Avg (Jan–Jun) 32.1790
H2 Avg (Jul–Dec) 31.4160

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 2.0437 PHP (High: 32.6254 / Low: 30.5817). On the other end, July was the most stable month, with a tight range of 0.4809 PHP (High: 32.1583 / Low: 31.6773).

January Spread (Volatile) ±2.0437
July Spread (Stable) ±0.4809

Growth Streaks & Declines

Trends

Between January and March, 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 1.0527 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0527

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 32.7597) against the same month in 2017 (average: 27.2017), the exchange rate shifted by +5.5580 (+20.43%).

2018 Avg (February) 32.7597
2017 Avg (February) 27.2017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.6254 30.5817 31.5175
February 33.3633 32.1498 32.7597
March 33.2784 32.5329 32.8549
April 32.9695 31.8940 32.6505
May 32.0614 31.1477 31.5978
June 32.1143 31.2800 31.6937
July 32.1583 31.6773 31.8972
August 31.9696 30.9960 31.4201
September 32.6204 31.7199 32.1432
October 32.0577 30.9054 31.6702
November 31.0546 30.3021 30.6587
December 31.1725 30.2623 30.7065