2014 GMD to PHP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 GMD to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the GMD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 1.1918. Conversely, the yearly low was recorded on December 9, dropping to 1.0303.
This high-to-low spread represents a total annual volatility of 0.1614 PHP. From a start-to-finish perspective, comparing the January average rate of 1.1806 to the December average rate of 1.0362, the exchange rate registered a net change of -12.23% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 1.1918 was down 12.79% compared to the 2013 peak of 1.3666, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
GMD to PHP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.1480, compared to 1.0812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0669 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was October, with a trading range of 0.0981 PHP (High: 1.1350 / Low: 1.0369). On the other end, November was the most stable month, with a tight range of 0.0109 PHP (High: 1.0468 / Low: 1.0359).
Growth Streaks & Declines
TrendsBetween July and September, 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 October and November, when the average rate fell by 0.0519 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2014: 1.1759) against the same month in 2013 (average: 1.2194), the exchange rate shifted by -0.0435 (-3.57%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.1911 | 1.1651 | 1.1806 |
| February | 1.1918 | 1.1648 | 1.1759 |
| March | 1.1883 | 1.1648 | 1.1743 |
| April | 1.1803 | 1.1189 | 1.1474 |
| May | 1.1236 | 1.0950 | 1.1067 |
| June | 1.1125 | 1.0979 | 1.1033 |
| July | 1.1139 | 1.0916 | 1.0974 |
| August | 1.1098 | 1.0960 | 1.1022 |
| September | 1.1373 | 1.0916 | 1.1142 |
| October | 1.1350 | 1.0369 | 1.0945 |
| November | 1.0468 | 1.0359 | 1.0425 |
| December | 1.0431 | 1.0303 | 1.0362 |