YEARLY HIGH
2.5497 PHP
YEARLY LOW
2.2644 PHP
YEARLY AVERAGE
2.4295 PHP

2021 MXN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MXN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 16, valuing the pair at 2.5497. Conversely, the yearly low was recorded on March 8, dropping to 2.2644.

This high-to-low spread represents a total annual volatility of 0.2853 PHP. From a start-to-finish perspective, comparing the January average rate of 2.4078 to the December average rate of 2.4084, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5497 was down 6.62% compared to the 2020 peak of 2.7306, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 127,485 PHP
2020 Average 116,180 PHP
Yearly Trough Low 113,219 PHP
Transaction Impact: A difference of 14,266.05 PHP purely based on transaction execution date.

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2.5251
2.3203
JanuMarcMayJulySeptNove

MXN 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 2.3900, compared to 2.4689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0788 points.

H1 Avg (Jan–Jun) 2.3900
H2 Avg (Jul–Dec) 2.4689

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1703 PHP (High: 2.4749 / Low: 2.3047). On the other end, May was the most stable month, with a tight range of 0.0538 PHP (High: 2.4213 / Low: 2.3675).

November Spread (Volatile) Âą0.1703
May Spread (Stable) Âą0.0538

Growth Streaks & Declines

Trends

Between May and July, 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 0.0677 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0677

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 2.4996) against the same month in 2020 (average: 2.2017), the exchange rate shifted by +0.2979 (+13.53%).

2021 Avg (August) 2.4996
2020 Avg (August) 2.2017

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Month High Low Average
January 2.4507 2.3322 2.4078
February 2.4107 2.3369 2.3787
March 2.3888 2.2644 2.3374
April 2.4410 2.3795 2.4148
May 2.4213 2.3675 2.3975
June 2.4564 2.3459 2.4040
July 2.5396 2.4589 2.5081
August 2.5497 2.4135 2.4996
September 2.5411 2.4761 2.5062
October 2.5180 2.4355 2.4793
November 2.4749 2.3047 2.4116
December 2.5073 2.3507 2.4084