2017 HNL to PHP Historical Review

YEARLY HIGH

2.2129 PHP

YEARLY LOW

2.0973 PHP

YEARLY AVERAGE

2.1467 PHP

2017 HNL to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HNL to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 2.2129. Conversely, the yearly low was recorded on April 23, dropping to 2.0973.

This high-to-low spread represents a total annual volatility of 0.1156 PHP. From a start-to-finish perspective, comparing the January average rate of 2.1308 to the December average rate of 2.1275, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.2129 was up 2.44% compared to the 2016 peak of 2.1602, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,064 PHP

2016 Average 10,430 PHP

Yearly Trough Low 10,487 PHP

Transaction Impact: A difference of 577.76 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.1926

2.1168

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.1282, compared to 2.1652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0369 points.

H1 Avg (Jan–Jun) 2.1282

H2 Avg (Jul–Dec) 2.1652

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0867 PHP (High: 2.1887 / Low: 2.1021). On the other end, May was the most stable month, with a tight range of 0.0200 PHP (High: 2.1345 / Low: 2.1145).

January Spread (Volatile) ±0.0867

May Spread (Stable) ±0.0200

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0299 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 2.1829) against the same month in 2016 (average: 2.0393), the exchange rate shifted by +0.1435 (+7.04%).

2017 Avg (August) 2.1829

2016 Avg (August) 2.0393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1887	2.1021	2.1308
February	2.1386	2.0999	2.1231
March	2.1631	2.1244	2.1379
April	2.1459	2.0973	2.1253
May	2.1345	2.1145	2.1243
June	2.1645	2.1050	2.1281
July	2.1856	2.1502	2.1629
August	2.2129	2.1310	2.1829
September	2.1921	2.1569	2.1752
October	2.2118	2.1654	2.1863
November	2.1787	2.1190	2.1563
December	2.1507	2.1075	2.1275