2021 PHP to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 PHP to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the PHP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 2.3493. Conversely, the yearly low was recorded on July 19, dropping to 1.5577.
This high-to-low spread represents a total annual volatility of 0.7916 AFN. From a start-to-finish perspective, comparing the January average rate of 1.6083 to the December average rate of 2.0257, the exchange rate registered a net change of 25.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 2.3493 was up 45.93% compared to the 2020 peak of 1.6099, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
PHP to AFN 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 1.6113, compared to 1.7711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1598 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 0.4490 AFN (High: 2.3493 / Low: 1.9003). On the other end, March was the most stable month, with a tight range of 0.0214 AFN (High: 1.6066 / Low: 1.5852).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0347 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 2.0257) against the same month in 2020 (average: 1.6029), the exchange rate shifted by +0.4229 (+26.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.6284 | 1.6019 | 1.6083 |
| February | 1.6120 | 1.5872 | 1.6011 |
| March | 1.6066 | 1.5852 | 1.5960 |
| April | 1.6190 | 1.5901 | 1.6043 |
| May | 1.6435 | 1.6115 | 1.6247 |
| June | 1.6476 | 1.6086 | 1.6335 |
| July | 1.6384 | 1.5577 | 1.5989 |
| August | 1.7643 | 1.5763 | 1.6567 |
| September | 1.7784 | 1.6951 | 1.7269 |
| October | 1.8036 | 1.7568 | 1.7767 |
| November | 1.9091 | 1.7863 | 1.8418 |
| December | 2.3493 | 1.9003 | 2.0257 |