YEARLY HIGH
31.3547 PHP
YEARLY LOW
26.4842 PHP
YEARLY AVERAGE
29.1146 PHP

2017 BGN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BGN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 31.3547. Conversely, the yearly low was recorded on January 3, dropping to 26.4842.

This high-to-low spread represents a total annual volatility of 4.8705 PHP. From a start-to-finish perspective, comparing the January average rate of 27.0362 to the December average rate of 30.4524, the exchange rate registered a net change of 12.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 31.3547 was up 12.97% compared to the 2016 peak of 27.7553, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 156,773 PHP
2016 Average 134,323 PHP
Yearly Trough Low 132,421 PHP
Transaction Impact: A difference of 24,352.40 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

31.4600
26.6340
JanuMarcMayJulySeptNove

BGN 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 27.6299, compared to 30.5993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9694 points.

H1 Avg (Jan–Jun) 27.6299
H2 Avg (Jul–Dec) 30.5993

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 1.2297 PHP (High: 29.5642 / Low: 28.3345). On the other end, February was the most stable month, with a tight range of 0.4577 PHP (High: 27.4324 / Low: 26.9747).

June Spread (Volatile) ±1.2297
February Spread (Stable) ±0.4577

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2936 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2936

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 31.0578) against the same month in 2016 (average: 27.2396), the exchange rate shifted by +3.8182 (+14.02%).

2017 Avg (September) 31.0578
2016 Avg (September) 27.2396

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 27.4512 26.4842 27.0362
February 27.4324 26.9747 27.2017
March 27.8391 27.0346 27.4550
April 27.9704 26.7666 27.2801
May 28.6417 27.7129 28.1782
June 29.5642 28.3345 28.6279
July 30.5422 29.3387 29.8516
August 31.2819 30.2728 30.7962
September 31.3547 30.6420 31.0578
October 31.2390 30.5559 30.8656
November 30.8934 30.3621 30.5719
December 30.7621 30.2746 30.4524