YEARLY HIGH
1.9652 PHP
YEARLY LOW
1.8069 PHP
YEARLY AVERAGE
1.9033 PHP

2018 ETB to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 1.9652. Conversely, the yearly low was recorded on January 6, dropping to 1.8069.

This high-to-low spread represents a total annual volatility of 0.1583 PHP. From a start-to-finish perspective, comparing the January average rate of 1.8403 to the December average rate of 1.8723, the exchange rate registered a net change of 1.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.9652 was down 11.85% compared to the 2017 peak of 2.2293, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,826 PHP
2017 Average 10,560 PHP
Yearly Trough Low 9,034 PHP
Transaction Impact: A difference of 791.53 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.9565
1.8297
JanuMarcMayJulySeptNove

ETB 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 1.8900, compared to 1.9166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0266 points.

H1 Avg (Jan–Jun) 1.8900
H2 Avg (Jul–Dec) 1.9166

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0645 PHP (High: 1.8714 / Low: 1.8069). On the other end, July was the most stable month, with a tight range of 0.0293 PHP (High: 1.9454 / Low: 1.9161).

January Spread (Volatile) ±0.0645
July Spread (Stable) ±0.0293

Growth Streaks & Declines

Trends

Between April and July, 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 October and November, when the average rate fell by 0.0495 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0495

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.9460) against the same month in 2017 (average: 2.1684), the exchange rate shifted by -0.2224 (-10.26%).

2018 Avg (September) 1.9460
2017 Avg (September) 2.1684

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8714 1.8069 1.8403
February 1.9089 1.8683 1.8863
March 1.9132 1.8832 1.8950
April 1.9073 1.8758 1.8933
May 1.9147 1.8764 1.8989
June 1.9441 1.8993 1.9263
July 1.9454 1.9161 1.9356
August 1.9395 1.9051 1.9270
September 1.9652 1.9333 1.9460
October 1.9648 1.9018 1.9342
November 1.9073 1.8633 1.8847
December 1.9003 1.8468 1.8723