2016 PHP to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PHP to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PHP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 24.0071. Conversely, the yearly low was recorded on November 17, dropping to 18.5295.
This high-to-low spread represents a total annual volatility of 5.4776 CDF. From a start-to-finish perspective, comparing the January average rate of 19.5058 to the December average rate of 23.4006, the exchange rate registered a net change of 19.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 24.0071 was up 13.73% compared to the 2015 peak of 21.1087, 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 2016.
PHP to CDF 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 19.8270, compared to 20.9084 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0815 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 4.4453 CDF (High: 22.9748 / Low: 18.5295). On the other end, February was the most stable month, with a tight range of 0.1577 CDF (High: 19.5512 / Low: 19.3935).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 0.4504 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 23.4006) against the same month in 2015 (average: 19.6331), the exchange rate shifted by +3.7674 (+19.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.7599 | 19.3065 | 19.5058 |
| February | 19.5512 | 19.3935 | 19.4962 |
| March | 20.1538 | 19.5161 | 19.8976 |
| April | 20.1768 | 19.7559 | 20.0224 |
| May | 19.9563 | 19.6270 | 19.8183 |
| June | 20.6881 | 19.7533 | 20.2217 |
| July | 20.7548 | 19.9709 | 20.2292 |
| August | 21.2375 | 20.6416 | 20.9551 |
| September | 21.0220 | 20.1618 | 20.5413 |
| October | 20.2792 | 19.7631 | 20.0909 |
| November | 22.9748 | 18.5295 | 20.2336 |
| December | 24.0071 | 22.8074 | 23.4006 |