YEARLY HIGH
2.0316 CVE
YEARLY LOW
1.8319 CVE
YEARLY AVERAGE
1.9288 CVE

2022 PHP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PHP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on May 15, valuing the pair at 2.0316. Conversely, the yearly low was recorded on September 21, dropping to 1.8319.

This high-to-low spread represents a total annual volatility of 0.1997 CVE. From a start-to-finish perspective, comparing the January average rate of 1.9075 to the December average rate of 1.8788, the exchange rate registered a net change of -1.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.0316 was up 3.09% compared to the 2021 peak of 1.9707, 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 507,893 CVE
2021 Average 474,955 CVE
Yearly Trough Low 457,973 CVE
Transaction Impact: A difference of 49,920.59 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.0101
1.8669
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 1.9410, compared to 1.9165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0245 points.

H1 Avg (Jan–Jun) 1.9410
H2 Avg (Jul–Dec) 1.9165

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.1281 CVE (High: 1.9600 / Low: 1.8319). On the other end, March was the most stable month, with a tight range of 0.0444 CVE (High: 1.9536 / Low: 1.9093).

September Spread (Volatile) ±0.1281
March Spread (Stable) ±0.0444

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0500 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 1.9981) against the same month in 2021 (average: 1.9050), the exchange rate shifted by +0.0932 (+4.89%).

2022 Avg (May) 1.9981
2021 Avg (May) 1.9050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9422 1.8802 1.9075
February 1.9315 1.8742 1.9026
March 1.9536 1.9093 1.9286
April 2.0122 1.9388 1.9613
May 2.0316 1.9663 1.9981
June 1.9948 1.8980 1.9482
July 1.9675 1.8851 1.9251
August 1.9797 1.9305 1.9566
September 1.9600 1.8319 1.9282
October 2.0087 1.9019 1.9193
November 1.9280 1.8595 1.8912
December 1.9016 1.8475 1.8788