YEARLY HIGH
0.5339 PHP
YEARLY LOW
0.2009 PHP
YEARLY AVERAGE
0.5103 PHP

2020 CVE to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CVE to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.5339. Conversely, the yearly low was recorded on March 18, dropping to 0.2009.

This high-to-low spread represents a total annual volatility of 0.3330 PHP. From a start-to-finish perspective, comparing the January average rate of 0.5101 to the December average rate of 0.5289, the exchange rate registered a net change of 3.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5339 was down 2.25% compared to the 2019 peak of 0.5462, 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 2,670 PHP
2019 Average 2,620 PHP
Yearly Trough Low 1,005 PHP
Transaction Impact: A difference of 1,664.99 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5320
0.4942
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 0.5022, compared to 0.5183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.5022
H2 Avg (Jul–Dec) 0.5183

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3229 PHP (High: 0.5239 / Low: 0.2009). On the other end, August was the most stable month, with a tight range of 0.0057 PHP (High: 0.5254 / Low: 0.5197).

March Spread (Volatile) ±0.3229
August Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0092 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.5289) against the same month in 2019 (average: 0.5090), the exchange rate shifted by +0.0199 (+3.90%).

2020 Avg (December) 0.5289
2019 Avg (December) 0.5090

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5164 0.5052 0.5101
February 0.5094 0.4939 0.5009
March 0.5239 0.2009 0.4978
April 0.5026 0.4924 0.4974
May 0.5064 0.4919 0.4984
June 0.5176 0.5051 0.5087
July 0.5240 0.4894 0.5102
August 0.5254 0.5197 0.5224
September 0.5247 0.5088 0.5170
October 0.5209 0.5117 0.5155
November 0.5215 0.5097 0.5158
December 0.5339 0.5221 0.5289