2021 BND to PHP Historical Review

YEARLY HIGH

37.9140 PHP

YEARLY LOW

35.7845 PHP

YEARLY AVERAGE

36.6661 PHP

2021 BND to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 37.9140. Conversely, the yearly low was recorded on May 16, dropping to 35.7845.

This high-to-low spread represents a total annual volatility of 2.1296 PHP. From a start-to-finish perspective, comparing the January average rate of 36.2345 to the December average rate of 36.9084, the exchange rate registered a net change of 1.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 37.9140 was up 0.14% compared to the 2020 peak of 37.8613, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BND based on timing:

Yearly Peak High 189,570 PHP

2020 Average 179,835 PHP

Yearly Trough Low 178,922 PHP

Transaction Impact: A difference of 10,647.79 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

37.6886

35.8652

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 36.2002, compared to 37.1320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9318 points.

H1 Avg (Jan–Jun) 36.2002

H2 Avg (Jul–Dec) 37.1320

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.6241 PHP (High: 37.9140 / Low: 36.2900). On the other end, June was the most stable month, with a tight range of 0.4624 PHP (High: 36.3553 / Low: 35.8929).

December Spread (Volatile) ±1.6241

June Spread (Stable) ±0.4624

Growth Streaks & Declines

Trends

Between May and October, 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 October and November, when the average rate fell by 0.4513 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4513

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 36.9084) against the same month in 2020 (average: 36.0873), the exchange rate shifted by +0.8211 (+2.28%).

2021 Avg (December) 36.9084

2020 Avg (December) 36.0873

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.5247	36.0403	36.2345
February	37.1585	35.8911	36.3813
March	36.5184	35.8768	36.1667
April	36.5670	35.9292	36.2760
May	36.3698	35.7845	36.0171
June	36.3553	35.8929	36.1253
July	37.4657	36.4975	36.9546
August	37.4806	36.0743	37.0464
September	37.7339	37.0694	37.2608
October	37.8057	37.2925	37.5366
November	37.5251	36.7895	37.0853
December	37.9140	36.2900	36.9084