YEARLY HIGH
4.9769 CVE
YEARLY LOW
1.8729 CVE
YEARLY AVERAGE
1.9655 CVE

2020 PHP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PHP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 4.9769. Conversely, the yearly low was recorded on December 20, dropping to 1.8729.

This high-to-low spread represents a total annual volatility of 3.1040 CVE. From a start-to-finish perspective, comparing the January average rate of 1.9606 to the December average rate of 1.8909, the exchange rate registered a net change of -3.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 4.9769 was up 150.51% compared to the 2019 peak of 1.9867, 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 1,244,227 CVE
2019 Average 477,227 CVE
Yearly Trough Low 468,230 CVE
Transaction Impact: A difference of 775,997.00 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0849
1.8732
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 2.0012, compared to 1.9298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0714 points.

H1 Avg (Jan–Jun) 2.0012
H2 Avg (Jul–Dec) 1.9298

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.0680 CVE (High: 4.9769 / Low: 1.9089). On the other end, August was the most stable month, with a tight range of 0.0207 CVE (High: 1.9242 / Low: 1.9035).

March Spread (Volatile) ±3.0680
August Spread (Stable) ±0.0207

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0567 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0567

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.0672) against the same month in 2019 (average: 1.8631), the exchange rate shifted by +0.2041 (+10.96%).

2020 Avg (March) 2.0672
2019 Avg (March) 1.8631

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9795 1.9365 1.9606
February 2.0248 1.9630 1.9966
March 4.9769 1.9089 2.0672
April 2.0307 1.9895 2.0105
May 2.0329 1.9747 2.0065
June 1.9799 1.9320 1.9658
July 2.0432 1.9083 1.9603
August 1.9242 1.9035 1.9142
September 1.9653 1.9058 1.9345
October 1.9542 1.9196 1.9400
November 1.9621 1.9175 1.9389
December 1.9152 1.8729 1.8909