YEARLY HIGH
0.1364 CNY
YEARLY LOW
0.1242 CNY
YEARLY AVERAGE
0.1310 CNY

2021 PHP to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1364. Conversely, the yearly low was recorded on December 30, dropping to 0.1242.

This high-to-low spread represents a total annual volatility of 0.0122 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1347 to the December average rate of 0.1266, the exchange rate registered a net change of -5.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1364 was down 4.45% compared to the 2020 peak of 0.1428, 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 34,112 CNY
2020 Average 34,783 CNY
Yearly Trough Low 31,055 CNY
Transaction Impact: A difference of 3,057.22 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1355
0.1258
JanuMarcMayJulySeptNove

PHP to CNY 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 0.1342, compared to 0.1279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.1342
H2 Avg (Jul–Dec) 0.1279

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0050 CNY (High: 0.1326 / Low: 0.1276). On the other end, October was the most stable month, with a tight range of 0.0019 CNY (High: 0.1274 / Low: 0.1255).

August Spread (Volatile) ±0.0050
October Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between February and April, 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 June and July, when the average rate fell by 0.0039 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1347) against the same month in 2020 (average: 0.1362), the exchange rate shifted by -0.0015 (-1.13%).

2021 Avg (January) 0.1347
2020 Avg (January) 0.1362

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1364 0.1337 0.1347
February 0.1347 0.1318 0.1339
March 0.1356 0.1331 0.1342
April 0.1359 0.1336 0.1347
May 0.1354 0.1328 0.1343
June 0.1344 0.1322 0.1334
July 0.1318 0.1274 0.1294
August 0.1326 0.1276 0.1291
September 0.1296 0.1262 0.1286
October 0.1274 0.1255 0.1266
November 0.1281 0.1259 0.1269
December 0.1279 0.1242 0.1266