2021 BGN to PHP Historical Review

YEARLY HIGH

30.7163 PHP

YEARLY LOW

28.6725 PHP

YEARLY AVERAGE

29.7915 PHP

2021 BGN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 30.7163. Conversely, the yearly low was recorded on December 19, dropping to 28.6725.

This high-to-low spread represents a total annual volatility of 2.0437 PHP. From a start-to-finish perspective, comparing the January average rate of 29.9176 to the December average rate of 29.0695, the exchange rate registered a net change of -2.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 30.7163 was up 1.77% compared to the 2020 peak of 30.1821, 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 153,581 PHP

2020 Average 144,658 PHP

Yearly Trough Low 143,363 PHP

Transaction Impact: A difference of 10,218.55 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

30.3734

28.9510

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 29.7165, compared to 29.8665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1500 points.

H1 Avg (Jan–Jun) 29.7165

H2 Avg (Jul–Dec) 29.8665

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.1484 PHP (High: 30.0188 / Low: 28.8704). On the other end, October was the most stable month, with a tight range of 0.3679 PHP (High: 30.2228 / Low: 29.8549).

November Spread (Volatile) ±1.1484

October Spread (Stable) ±0.3679

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 0.6983 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6983

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 30.2548) against the same month in 2020 (average: 28.9457), the exchange rate shifted by +1.3092 (+4.52%).

2021 Avg (July) 30.2548

2020 Avg (July) 28.9457

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.2857	29.6736	29.9176
February	30.4934	29.4418	29.8714
March	29.9496	29.0353	29.5210
April	30.0283	29.0386	29.6144
May	30.1419	29.4385	29.7328
June	29.8592	29.3691	29.6416
July	30.7163	29.7872	30.2548
August	30.5443	29.4019	30.2033
September	30.5539	30.0373	30.2361
October	30.2228	29.8549	30.0666
November	30.0188	28.8704	29.3683
December	29.6987	28.6725	29.0695