YEARLY HIGH
0.2319 NOK
YEARLY LOW
0.1721 NOK
YEARLY AVERAGE
0.1898 NOK

2020 PHP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PHP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.2319. Conversely, the yearly low was recorded on January 6, dropping to 0.1721.

This high-to-low spread represents a total annual volatility of 0.0598 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1759 to the December average rate of 0.1810, the exchange rate registered a net change of 2.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2319 was up 27.38% compared to the 2019 peak of 0.1820, 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 57,964 NOK
2019 Average 42,509 NOK
Yearly Trough Low 43,025 NOK
Transaction Impact: A difference of 14,939.56 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2087
0.1730
JanuMarcMayJulySeptNove

PHP to NOK 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: JanтАУJun) was 0.1928, compared to 0.1869 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0059 points.

H1 Avg (JanтАУJun) 0.1928
H2 Avg (JulтАУDec) 0.1869

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0493 NOK (High: 0.2319 / Low: 0.1825). On the other end, February was the most stable month, with a tight range of 0.0039 NOK (High: 0.1844 / Low: 0.1805).

March Spread (Volatile) ┬▒0.0493
February Spread (Stable) ┬▒0.0039

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0091 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2019) against the same month in 2019 (average: 0.1638), the exchange rate shifted by +0.0380 (+23.21%).

2020 Avg (March) 0.2019
2019 Avg (March) 0.1638

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.1805 0.1721 0.1759
February 0.1844 0.1805 0.1828
March 0.2319 0.1825 0.2019
April 0.2129 0.2022 0.2057
May 0.2073 0.1927 0.1997
June 0.1945 0.1854 0.1907
July 0.1916 0.1841 0.1882
August 0.1860 0.1800 0.1834
September 0.1973 0.1800 0.1886
October 0.1968 0.1881 0.1916
November 0.1973 0.1834 0.1882
December 0.1837 0.1777 0.1810