2019 PHP āĻĨā§āĻā§ ZAR-āĻāϰ āĻāϤāĻŋāĻšāĻžāϏāĻŋāĻ āĻĒāϰā§āϝāĻžāϞā§āĻāύāĻž
2019 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŦāĻŋāύāĻŋāĻŽāϝāĻŧ āĻšāĻžāϰā§āϰ āĻāϰā§āĻŽāĻā§āώāĻŽāϤāĻžāϰ āĻāĻāĻāĻŋ āĻŦāĻŋāĻļāĻĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖāĨ¤
2019 PHP to ZAR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PHP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 0.2983. Conversely, the yearly low was recorded on January 31, dropping to 0.2544.
This high-to-low spread represents a total annual volatility of 0.0439 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2638 to the December average rate of 0.2835, the exchange rate registered a net change of 7.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 0.2983 was up 3.85% compared to the 2018 peak of 0.2873, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āĻāĻŋāϤā§āϰāĻžāϝāĻŧāύ
2019 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŽāĻžāϏāĻŋāĻ āĻāĻĄāĻŧ āĻāĻ āĻžāύāĻžāĻŽāĻžāĨ¤
PHP to ZAR 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 0.2721, compared to 0.2861 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.0141 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 0.0238 ZAR (High: 0.2783 / Low: 0.2544). On the other end, March was the most stable month, with a tight range of 0.0083 ZAR (High: 0.2772 / Low: 0.2689).
Growth Streaks & Declines
TrendsBetween January and March, 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 0.0083 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2019: 0.2918) against the same month in 2018 (average: 0.2670), the exchange rate shifted by +0.0248 (+9.29%).
āĻŽāĻžāϏāĻŋāĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖ
āĻĒā§āϰāϤāĻŋāĻāĻŋ āĻā§āϝāĻžāϞā§āύā§āĻĄāĻžāϰ āĻŽāĻžāϏā§āϰ āĻĒāϰāĻŋāϏāĻāĻā§āϝāĻžāύāĻāϤ āϏāĻžāϰāϏāĻāĻā§āώā§āĻĒāĨ¤
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.2783 | 0.2544 | 0.2638 |
| February | 0.2709 | 0.2547 | 0.2646 |
| March | 0.2772 | 0.2689 | 0.2741 |
| April | 0.2767 | 0.2681 | 0.2723 |
| May | 0.2835 | 0.2713 | 0.2759 |
| June | 0.2906 | 0.2747 | 0.2818 |
| July | 0.2813 | 0.2714 | 0.2751 |
| August | 0.2955 | 0.2851 | 0.2912 |
| September | 0.2922 | 0.2805 | 0.2859 |
| October | 0.2978 | 0.2849 | 0.2894 |
| November | 0.2983 | 0.2882 | 0.2918 |
| December | 0.2915 | 0.2760 | 0.2835 |