YEARLY HIGH
0.5893 PHP
YEARLY LOW
0.5372 PHP
YEARLY AVERAGE
0.5624 PHP

2018 CVE to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.5893. Conversely, the yearly low was recorded on November 21, dropping to 0.5372.

This high-to-low spread represents a total annual volatility of 0.0522 PHP. From a start-to-finish perspective, comparing the January average rate of 0.5565 to the December average rate of 0.5433, the exchange rate registered a net change of -2.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5893 was up 6.03% compared to the 2017 peak of 0.5558, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,947 PHP
2017 Average 2,575 PHP
Yearly Trough Low 2,686 PHP
Transaction Impact: A difference of 260.85 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5845
0.5393
JanuMarcMayJulySeptNove

CVE 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 0.5688, compared to 0.5560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 0.5688
H2 Avg (Jul–Dec) 0.5560

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0356 PHP (High: 0.5763 / Low: 0.5407). On the other end, July was the most stable month, with a tight range of 0.0104 PHP (High: 0.5707 / Low: 0.5603).

January Spread (Volatile) ±0.0356
July Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

Between 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 April and May, when the average rate fell by 0.0173 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.5788) against the same month in 2017 (average: 0.4809), the exchange rate shifted by +0.0978 (+20.34%).

2018 Avg (February) 0.5788
2017 Avg (February) 0.4809

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5763 0.5407 0.5565
February 0.5893 0.5680 0.5788
March 0.5885 0.5722 0.5807
April 0.5831 0.5639 0.5768
May 0.5676 0.5516 0.5595
June 0.5724 0.5521 0.5603
July 0.5707 0.5603 0.5642
August 0.5650 0.5482 0.5561
September 0.5782 0.5619 0.5691
October 0.5677 0.5468 0.5600
November 0.5488 0.5372 0.5430
December 0.5499 0.5383 0.5433