YEARLY HIGH
2.1384 CVE
YEARLY LOW
1.7991 CVE
YEARLY AVERAGE
1.9485 CVE

2017 PHP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PHP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.1384. Conversely, the yearly low was recorded on August 29, dropping to 1.7991.

This high-to-low spread represents a total annual volatility of 0.3393 CVE. From a start-to-finish perspective, comparing the January average rate of 2.0892 to the December average rate of 1.8582, the exchange rate registered a net change of -11.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.1384 was down 2.11% compared to the 2016 peak of 2.1846, 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 534,608 CVE
2016 Average 524,710 CVE
Yearly Trough Low 449,779 CVE
Transaction Impact: A difference of 84,829.12 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.1159
1.7950
JanuMarcMayJulySeptNove

PHP to CVE 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 2.0481, compared to 1.8489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1992 points.

H1 Avg (Jan–Jun) 2.0481
H2 Avg (Jul–Dec) 1.8489

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0865 CVE (High: 2.1069 / Low: 2.0204). On the other end, December was the most stable month, with a tight range of 0.0295 CVE (High: 1.8703 / Low: 1.8408).

April Spread (Volatile) ±0.0865
December Spread (Stable) ±0.0295

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0822 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0822

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.0892) against the same month in 2016 (average: 2.1358), the exchange rate shifted by -0.0466 (-2.18%).

2017 Avg (January) 2.0892
2016 Avg (January) 2.1358

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1384 2.0582 2.0892
February 2.0975 2.0587 2.0793
March 2.0946 2.0298 2.0606
April 2.1069 2.0204 2.0735
May 2.0442 1.9755 2.0092
June 1.9998 1.9147 1.9769
July 1.9304 1.8530 1.8948
August 1.8692 1.7991 1.8365
September 1.8451 1.8033 1.8218
October 1.8503 1.8067 1.8298
November 1.8642 1.8299 1.8524
December 1.8703 1.8408 1.8582