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2018 COP to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the COP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0192. Conversely, the yearly low was recorded on December 30, dropping to 0.0160.
This high-to-low spread represents a total annual volatility of 0.0032 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0176 to the December average rate of 0.0164, the exchange rate registered a net change of -7.01% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.0192 was up 8.48% compared to the 2017 peak of 0.0177, 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 0.0182, compared to 0.0175 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.0008 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 0.0016 PHP (High: 0.0182 / Low: 0.0166). On the other end, July was the most stable month, with a tight range of 0.0006 PHP (High: 0.0188 / Low: 0.0182).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0009 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2018: 0.0187) against the same month in 2017 (average: 0.0173), the exchange rate shifted by +0.0014 (+8.27%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 0.0182 | 0.0167 | 0.0176 |
| February | 0.0186 | 0.0178 | 0.0181 |
| March | 0.0188 | 0.0179 | 0.0183 |
| April | 0.0192 | 0.0183 | 0.0187 |
| May | 0.0186 | 0.0179 | 0.0182 |
| June | 0.0189 | 0.0180 | 0.0184 |
| July | 0.0188 | 0.0182 | 0.0185 |
| August | 0.0184 | 0.0175 | 0.0180 |
| September | 0.0181 | 0.0173 | 0.0178 |
| October | 0.0182 | 0.0166 | 0.0175 |
| November | 0.0168 | 0.0161 | 0.0165 |
| December | 0.0167 | 0.0160 | 0.0164 |