2010 HNL to PHP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2010.
2010 HNL to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2010
During 2010, the HNL to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 2.4908. Conversely, the yearly low was recorded on November 4, dropping to 2.2338.
This high-to-low spread represents a total annual volatility of 0.2569 PHP. From a start-to-finish perspective, comparing the January average rate of 2.4346 to the December average rate of 2.3218, the exchange rate registered a net change of -4.63% (reflecting a weakening trend).
Comparing the value generated converting 5,000 HNL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2010.
HNL 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 2.4189, compared to 2.3473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0715 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2010 was May, with a trading range of 0.1410 PHP (High: 2.4908 / Low: 2.3498). On the other end, February was the most stable month, with a tight range of 0.0315 PHP (High: 2.4627 / Low: 2.4312).
Growth Streaks & Declines
TrendsBetween April and June, 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 July and August, when the average rate fell by 0.0585 points.
Same-Month Historical Baseline
YoY BaselineHistorical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 2.4103.
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.4685 | 2.4075 | 2.4346 |
| February | 2.4627 | 2.4312 | 2.4457 |
| March | 2.4370 | 2.3873 | 2.4144 |
| April | 2.3843 | 2.3386 | 2.3587 |
| May | 2.4908 | 2.3498 | 2.4103 |
| June | 2.4753 | 2.4036 | 2.4496 |
| July | 2.4603 | 2.4066 | 2.4455 |
| August | 2.4066 | 2.3723 | 2.3870 |
| September | 2.3818 | 2.3179 | 2.3358 |
| October | 2.3128 | 2.2738 | 2.2916 |
| November | 2.3437 | 2.2338 | 2.3023 |
| December | 2.3507 | 2.3032 | 2.3218 |