YEARLY HIGH
0.5433 PHP
YEARLY LOW
0.5074 PHP
YEARLY AVERAGE
0.5265 PHP

2021 CVE to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.5433. Conversely, the yearly low was recorded on December 18, dropping to 0.5074.

This high-to-low spread represents a total annual volatility of 0.0359 PHP. From a start-to-finish perspective, comparing the January average rate of 0.5285 to the December average rate of 0.5134, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5433 was up 1.76% compared to the 2020 peak of 0.5339, 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 2,717 PHP
2020 Average 2,552 PHP
Yearly Trough Low 2,537 PHP
Transaction Impact: A difference of 179.44 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5374
0.5113
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 0.5248, compared to 0.5281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.5248
H2 Avg (Jul–Dec) 0.5281

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0241 PHP (High: 0.5424 / Low: 0.5183). On the other end, October was the most stable month, with a tight range of 0.0067 PHP (High: 0.5347 / Low: 0.5280).

August Spread (Volatile) ±0.0241
October Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between March and May, 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 0.0120 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.5342) against the same month in 2020 (average: 0.5102), the exchange rate shifted by +0.0239 (+4.69%).

2021 Avg (July) 0.5342
2020 Avg (July) 0.5102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5338 0.5252 0.5285
February 0.5361 0.5199 0.5275
March 0.5294 0.5139 0.5214
April 0.5303 0.5138 0.5229
May 0.5324 0.5175 0.5250
June 0.5294 0.5075 0.5237
July 0.5433 0.5255 0.5342
August 0.5424 0.5183 0.5352
September 0.5400 0.5302 0.5347
October 0.5347 0.5280 0.5316
November 0.5306 0.5090 0.5196
December 0.5249 0.5074 0.5134