2019 HNL to PHP Historical Review

YEARLY HIGH

3.4191 PHP

YEARLY LOW

2.0398 PHP

YEARLY AVERAGE

2.1103 PHP

2019 HNL to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HNL to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 3.4191. Conversely, the yearly low was recorded on December 12, dropping to 2.0398.

This high-to-low spread represents a total annual volatility of 1.3792 PHP. From a start-to-finish perspective, comparing the January average rate of 2.1463 to the December average rate of 2.0979, the exchange rate registered a net change of -2.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 3.4191 was up 48.23% compared to the 2018 peak of 2.3066, 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 17,095 PHP

2018 Average 11,012 PHP

Yearly Trough Low 10,199 PHP

Transaction Impact: A difference of 6,896.10 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.1555

2.0453

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 2.1291, compared to 2.0915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0376 points.

H1 Avg (Jan–Jun) 2.1291

H2 Avg (Jul–Dec) 2.0915

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 1.3792 PHP (High: 3.4191 / Low: 2.0398). On the other end, November was the most stable month, with a tight range of 0.0272 PHP (High: 2.0691 / Low: 2.0419).

December Spread (Volatile) ±1.3792

November Spread (Stable) ±0.0272

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0510 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 2.0979) against the same month in 2018 (average: 2.1763), the exchange rate shifted by -0.0784 (-3.60%).

2019 Avg (December) 2.0979

2018 Avg (December) 2.1763

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1656	2.1305	2.1463
February	2.1466	2.1176	2.1308
March	2.1770	2.1121	2.1414
April	2.1377	2.1035	2.1185
May	2.2345	2.1047	2.1442
June	2.1347	2.0690	2.0932
July	2.0902	2.0606	2.0764
August	2.1552	2.0795	2.1224
September	2.1332	2.1007	2.1138
October	2.1198	2.0545	2.0840
November	2.0691	2.0419	2.0545
December	3.4191	2.0398	2.0979