YEARLY HIGH
30.5112 PHP
YEARLY LOW
27.7738 PHP
YEARLY AVERAGE
29.3078 PHP

2022 BGN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 30.5112. Conversely, the yearly low was recorded on May 12, dropping to 27.7738.

This high-to-low spread represents a total annual volatility of 2.7374 PHP. From a start-to-finish perspective, comparing the January average rate of 29.6442 to the December average rate of 30.0521, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 30.5112 was down 0.67% compared to the 2021 peak of 30.7163, 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 152,556 PHP
2021 Average 148,958 PHP
Yearly Trough Low 138,869 PHP
Transaction Impact: A difference of 13,686.83 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

30.2265
28.1340
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 29.1431, compared to 29.4726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3295 points.

H1 Avg (Jan–Jun) 29.1431
H2 Avg (Jul–Dec) 29.4726

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 1.3212 PHP (High: 29.6954 / Low: 28.3743). On the other end, September was the most stable month, with a tight range of 0.5921 PHP (High: 29.5045 / Low: 28.9124).

June Spread (Volatile) ±1.3212
September Spread (Stable) ±0.5921

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5651 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5651

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 30.0521) against the same month in 2021 (average: 29.0695), the exchange rate shifted by +0.9826 (+3.38%).

2022 Avg (December) 30.0521
2021 Avg (December) 29.0695

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.9799 29.1314 29.6442
February 30.2060 29.4388 29.7654
March 29.6603 29.0087 29.3408
April 29.1247 28.1192 28.7757
May 28.8582 27.7738 28.3084
June 29.6954 28.3743 29.0239
July 29.4944 28.7089 29.1096
August 29.3118 28.5671 28.8897
September 29.5045 28.9124 29.2206
October 30.0126 29.1887 29.5437
November 30.4867 29.3015 30.0200
December 30.5112 29.7313 30.0521