YEARLY HIGH
0.1901 NOK
YEARLY LOW
0.1652 NOK
YEARLY AVERAGE
0.1769 NOK

2016 PHP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PHP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1901. Conversely, the yearly low was recorded on October 1, dropping to 0.1652.

This high-to-low spread represents a total annual volatility of 0.0249 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1854 to the December average rate of 0.1722, the exchange rate registered a net change of -7.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1901 was up 0.95% compared to the 2015 peak of 0.1883, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 47,529 NOK
2015 Average 44,278 NOK
Yearly Trough Low 41,295 NOK
Transaction Impact: A difference of 6,234.52 NOK purely based on transaction execution date.

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0.1871
0.1672
JanuMarcMayJulySeptNove

PHP to NOK 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 0.1800, compared to 0.1739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.1800
H2 Avg (Jul–Dec) 0.1739

Volatility Range Comparison

Volatility

The most volatile month in 2016 was September, with a trading range of 0.0133 NOK (High: 0.1786 / Low: 0.1653). On the other end, March was the most stable month, with a tight range of 0.0032 NOK (High: 0.1834 / Low: 0.1802).

September Spread (Volatile) Âą0.0133
March Spread (Stable) Âą0.0032

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 August and September, when the average rate fell by 0.0053 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1854) against the same month in 2015 (average: 0.1721), the exchange rate shifted by +0.0134 (+7.76%).

2016 Avg (January) 0.1854
2015 Avg (January) 0.1721

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Month High Low Average
January 0.1901 0.1805 0.1854
February 0.1831 0.1793 0.1807
March 0.1834 0.1802 0.1817
April 0.1805 0.1715 0.1775
May 0.1790 0.1707 0.1759
June 0.1814 0.1758 0.1787
July 0.1818 0.1771 0.1800
August 0.1812 0.1762 0.1782
September 0.1786 0.1653 0.1729
October 0.1717 0.1652 0.1689
November 0.1731 0.1680 0.1711
December 0.1750 0.1684 0.1722