YEARLY HIGH
1.9867 CVE
YEARLY LOW
1.8308 CVE
YEARLY AVERAGE
1.9087 CVE

2019 PHP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PHP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 1.9867. Conversely, the yearly low was recorded on March 14, dropping to 1.8308.

This high-to-low spread represents a total annual volatility of 0.1559 CVE. From a start-to-finish perspective, comparing the January average rate of 1.8463 to the December average rate of 1.9646, the exchange rate registered a net change of 6.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.9867 was up 6.72% compared to the 2018 peak of 1.8616, 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 496,681 CVE
2018 Average 444,892 CVE
Yearly Trough Low 457,703 CVE
Transaction Impact: A difference of 38,978.15 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.9881
1.8334
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 1.8770, compared to 1.9405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0635 points.

H1 Avg (Jan–Jun) 1.8770
H2 Avg (Jul–Dec) 1.9405

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0625 CVE (High: 1.9364 / Low: 1.8739). On the other end, January was the most stable month, with a tight range of 0.0244 CVE (High: 1.8613 / Low: 1.8369).

August Spread (Volatile) ±0.0625
January Spread (Stable) ±0.0244

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0210 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0210

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 1.9752) against the same month in 2018 (average: 1.8416), the exchange rate shifted by +0.1336 (+7.26%).

2019 Avg (November) 1.9752
2018 Avg (November) 1.8416

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8613 1.8369 1.8463
February 1.8797 1.8423 1.8658
March 1.8832 1.8308 1.8631
April 1.9077 1.8813 1.8956
May 1.9118 1.8767 1.8936
June 1.9136 1.8760 1.8974
July 1.9500 1.9065 1.9249
August 1.9364 1.8739 1.9039
September 1.9531 1.9086 1.9286
October 1.9626 1.9351 1.9457
November 1.9867 1.9604 1.9752
December 1.9866 1.9454 1.9646