YEARLY HIGH
0.4768 HNL
YEARLY LOW
0.4519 HNL
YEARLY AVERAGE
0.4659 HNL

2017 PHP to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PHP to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 0.4768. Conversely, the yearly low was recorded on August 21, dropping to 0.4519.

This high-to-low spread represents a total annual volatility of 0.0249 HNL. From a start-to-finish perspective, comparing the January average rate of 0.4694 to the December average rate of 0.4700, the exchange rate registered a net change of 0.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4768 was down 3.65% compared to the 2016 peak of 0.4949, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 119,199 HNL
2016 Average 119,877 HNL
Yearly Trough Low 112,975 HNL
Transaction Impact: A difference of 6,224.25 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4724
0.4560
JanuMarcMayJulySeptNove

PHP to HNL 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 0.4699, compared to 0.4619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.4699
H2 Avg (Jul–Dec) 0.4619

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0188 HNL (High: 0.4757 / Low: 0.4569). On the other end, May was the most stable month, with a tight range of 0.0044 HNL (High: 0.4729 / Low: 0.4685).

January Spread (Volatile) ±0.0188
May Spread (Stable) ±0.0044

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 June and July, when the average rate fell by 0.0076 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.4705) against the same month in 2016 (average: 0.4870), the exchange rate shifted by -0.0164 (-3.37%).

2017 Avg (April) 0.4705
2016 Avg (April) 0.4870

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4757 0.4569 0.4694
February 0.4762 0.4676 0.4710
March 0.4707 0.4623 0.4677
April 0.4768 0.4660 0.4705
May 0.4729 0.4685 0.4707
June 0.4751 0.4620 0.4699
July 0.4651 0.4575 0.4623
August 0.4693 0.4519 0.4582
September 0.4636 0.4562 0.4597
October 0.4618 0.4521 0.4574
November 0.4719 0.4590 0.4638
December 0.4745 0.4650 0.4700