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2017 COP to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the COP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 0.0177. Conversely, the yearly low was recorded on July 8, dropping to 0.0164.
This high-to-low spread represents a total annual volatility of 0.0013 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0169 to the December average rate of 0.0168, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 0.0177 was up 5.30% compared to the 2016 peak of 0.0168, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000,000 COP based on timing:
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COP to PHP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 0.0171, compared to 0.0171 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.0000 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was October, with a trading range of 0.0007 PHP (High: 0.0177 / Low: 0.0170). On the other end, December was the most stable month, with a tight range of 0.0004 PHP (High: 0.0170 / Low: 0.0166).
Growth Streaks & Declines
TrendsBetween July and September, 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 0.0005 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 0.0175) against the same month in 2016 (average: 0.0163), the exchange rate shifted by +0.0012 (+7.36%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0172 | 0.0166 | 0.0169 |
| February | 0.0175 | 0.0170 | 0.0174 |
| March | 0.0175 | 0.0168 | 0.0171 |
| April | 0.0175 | 0.0170 | 0.0173 |
| May | 0.0173 | 0.0167 | 0.0170 |
| June | 0.0172 | 0.0165 | 0.0168 |
| July | 0.0170 | 0.0164 | 0.0167 |
| August | 0.0175 | 0.0168 | 0.0172 |
| September | 0.0177 | 0.0171 | 0.0175 |
| October | 0.0177 | 0.0170 | 0.0174 |
| November | 0.0171 | 0.0166 | 0.0169 |
| December | 0.0170 | 0.0166 | 0.0168 |