2017 BND to PHP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BND to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BND to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 38.1378. Conversely, the yearly low was recorded on January 3, dropping to 34.2806.
This high-to-low spread represents a total annual volatility of 3.8573 PHP. From a start-to-finish perspective, comparing the January average rate of 34.8039 to the December average rate of 37.3563, the exchange rate registered a net change of 7.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 38.1378 was up 7.22% compared to the 2016 peak of 35.5681, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
BND 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: Jan–Jun) was 35.5471, compared to 37.4713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9242 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 1.0647 PHP (High: 37.8371 / Low: 36.7724). On the other end, December was the most stable month, with a tight range of 0.4367 PHP (High: 37.5935 / Low: 37.1568).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2068 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 37.7771) against the same month in 2016 (average: 34.9761), the exchange rate shifted by +2.8010 (+8.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 35.3086 | 34.2806 | 34.8039 |
| February | 35.9360 | 35.0755 | 35.3583 |
| March | 36.0266 | 35.4384 | 35.7417 |
| April | 35.9377 | 35.2447 | 35.6102 |
| May | 36.0703 | 35.3687 | 35.7318 |
| June | 36.6430 | 35.7078 | 36.0367 |
| July | 37.2874 | 36.5569 | 36.9222 |
| August | 37.8371 | 36.7724 | 37.4506 |
| September | 38.1378 | 37.4285 | 37.7771 |
| October | 38.1297 | 37.2973 | 37.7584 |
| November | 37.8565 | 37.3034 | 37.5631 |
| December | 37.5935 | 37.1568 | 37.3563 |