YEARLY HIGH
0.0445 PHP
YEARLY LOW
0.0417 PHP
YEARLY AVERAGE
0.0430 PHP

2021 KRW to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KRW to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0445. Conversely, the yearly low was recorded on November 8, dropping to 0.0417.

This high-to-low spread represents a total annual volatility of 0.0028 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0437 to the December average rate of 0.0425, the exchange rate registered a net change of -2.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0445 was up 0.21% compared to the 2020 peak of 0.0444, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 222,610 PHP
2020 Average 210,447 PHP
Yearly Trough Low 208,642 PHP
Transaction Impact: A difference of 13,968.11 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0438
0.0423
JanuMarcMayJulySeptNove

KRW 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 0.0432, compared to 0.0429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0432
H2 Avg (Jul–Dec) 0.0429

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0023 PHP (High: 0.0442 / Low: 0.0419). On the other end, June was the most stable month, with a tight range of 0.0006 PHP (High: 0.0432 / Low: 0.0426).

August Spread (Volatile) ±0.0023
June Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between May and July, 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 April and May, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0437) against the same month in 2020 (average: 0.0436), the exchange rate shifted by +0.0001 (+0.28%).

2021 Avg (January) 0.0437
2020 Avg (January) 0.0436

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0445 0.0429 0.0437
February 0.0439 0.0429 0.0434
March 0.0441 0.0427 0.0429
April 0.0437 0.0430 0.0433
May 0.0432 0.0421 0.0427
June 0.0432 0.0426 0.0429
July 0.0443 0.0434 0.0437
August 0.0442 0.0419 0.0433
September 0.0434 0.0423 0.0428
October 0.0435 0.0423 0.0429
November 0.0429 0.0417 0.0424
December 0.0431 0.0419 0.0425