YEARLY HIGH
1.8687 PHP
YEARLY LOW
1.5835 PHP
YEARLY AVERAGE
1.7743 PHP

2019 ETB to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 1.8687. Conversely, the yearly low was recorded on December 31, dropping to 1.5835.

This high-to-low spread represents a total annual volatility of 0.2852 PHP. From a start-to-finish perspective, comparing the January average rate of 1.8490 to the December average rate of 1.6128, the exchange rate registered a net change of -12.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.8687 was down 4.91% compared to the 2018 peak of 1.9652, 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 9,344 PHP
2018 Average 9,517 PHP
Yearly Trough Low 7,918 PHP
Transaction Impact: A difference of 1,426.08 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.8727
1.5891
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 1.8199, compared to 1.7287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0912 points.

H1 Avg (Jan–Jun) 1.8199
H2 Avg (Jul–Dec) 1.7287

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0868 PHP (High: 1.6703 / Low: 1.5835). On the other end, February was the most stable month, with a tight range of 0.0362 PHP (High: 1.8545 / Low: 1.8183).

December Spread (Volatile) ±0.0868
February Spread (Stable) ±0.0362

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0823 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0823

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 1.8396) against the same month in 2018 (average: 1.8950), the exchange rate shifted by -0.0555 (-2.93%).

2019 Avg (March) 1.8396
2018 Avg (March) 1.8950

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8683 1.8256 1.8490
February 1.8545 1.8183 1.8330
March 1.8687 1.8172 1.8396
April 1.8286 1.7848 1.8043
May 1.8271 1.7843 1.8080
June 1.8136 1.7581 1.7853
July 1.8000 1.7521 1.7652
August 1.8056 1.7634 1.7875
September 1.7925 1.7536 1.7707
October 1.7801 1.7133 1.7410
November 1.7186 1.6607 1.6951
December 1.6703 1.5835 1.6128