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2017 PHP to BWP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PHP to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2163. Conversely, the yearly low was recorded on December 29, dropping to 0.1962.
This high-to-low spread represents a total annual volatility of 0.0201 BWP. From a start-to-finish perspective, comparing the January average rate of 0.2128 to the December average rate of 0.2020, the exchange rate registered a net change of -5.11% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 0.2163 was down 12.22% compared to the 2016 peak of 0.2464, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
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PHP to BWP 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 0.2086, compared to 0.2021 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.0065 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was December, with a trading range of 0.0099 BWP (High: 0.2061 / Low: 0.1962). On the other end, November was the most stable month, with a tight range of 0.0050 BWP (High: 0.2093 / Low: 0.2043).
Growth Streaks & Declines
TrendsBetween September and November, 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 November and December, when the average rate fell by 0.0046 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 0.2128) against the same month in 2016 (average: 0.2424), the exchange rate shifted by -0.0296 (-12.20%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 0.2163 | 0.2105 | 0.2128 |
| February | 0.2114 | 0.2063 | 0.2091 |
| March | 0.2098 | 0.2012 | 0.2058 |
| April | 0.2158 | 0.2066 | 0.2111 |
| May | 0.2116 | 0.2045 | 0.2082 |
| June | 0.2067 | 0.2016 | 0.2048 |
| July | 0.2059 | 0.1990 | 0.2022 |
| August | 0.2041 | 0.1971 | 0.2004 |
| September | 0.2036 | 0.1971 | 0.1994 |
| October | 0.2052 | 0.1998 | 0.2021 |
| November | 0.2093 | 0.2043 | 0.2066 |
| December | 0.2061 | 0.1962 | 0.2020 |