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2016 RON to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the RON to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 12.2284. Conversely, the yearly low was recorded on January 5, dropping to 11.1956.
This high-to-low spread represents a total annual volatility of 1.0328 PHP. From a start-to-finish perspective, comparing the January average rate of 11.3933 to the December average rate of 11.6122, the exchange rate registered a net change of 1.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 12.2284 was up 0.46% compared to the 2015 peak of 12.1722, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
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RON 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 11.6436, compared to 11.7621 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.1185 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was October, with a trading range of 0.5820 PHP (High: 12.2284 / Low: 11.6464). On the other end, March was the most stable month, with a tight range of 0.1908 PHP (High: 11.7025 / Low: 11.5117).
Growth Streaks & Declines
TrendsBetween June and September, 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 May and June, when the average rate fell by 0.2081 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2016: 11.8761) against the same month in 2015 (average: 11.7552), the exchange rate shifted by +0.1209 (+1.03%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 11.5067 | 11.1956 | 11.3933 |
| February | 11.9870 | 11.4542 | 11.7962 |
| March | 11.7025 | 11.5117 | 11.6142 |
| April | 12.0070 | 11.6299 | 11.7521 |
| May | 12.0674 | 11.5189 | 11.7571 |
| June | 11.7127 | 11.4770 | 11.5489 |
| July | 11.7886 | 11.5205 | 11.6117 |
| August | 11.8345 | 11.6362 | 11.7132 |
| September | 12.2278 | 11.6900 | 11.9785 |
| October | 12.2284 | 11.6464 | 11.8761 |
| November | 12.0087 | 11.6595 | 11.7809 |
| December | 11.8729 | 11.4235 | 11.6122 |