YEARLY HIGH
4.5069 ETB
YEARLY LOW
0.8174 ETB
YEARLY AVERAGE
0.8980 ETB

2021 PHP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 4.5069. Conversely, the yearly low was recorded on January 5, dropping to 0.8174.

This high-to-low spread represents a total annual volatility of 3.6895 ETB. From a start-to-finish perspective, comparing the January average rate of 0.8199 to the December average rate of 1.0805, the exchange rate registered a net change of 31.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.5069 was up 449.93% compared to the 2020 peak of 0.8195, 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 1,126,719 ETB
2020 Average 176,480 ETB
Yearly Trough Low 204,346 ETB
Transaction Impact: A difference of 922,373.59 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1065
0.7938
JanuMarcMayJulySeptNove

PHP to ETB 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 0.8553, compared to 0.9407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0853 points.

H1 Avg (Jan–Jun) 0.8553
H2 Avg (Jul–Dec) 0.9407

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 3.5593 ETB (High: 4.5069 / Low: 0.9475). On the other end, January was the most stable month, with a tight range of 0.0087 ETB (High: 0.8261 / Low: 0.8174).

December Spread (Volatile) ±3.5593
January Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0223 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0223

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.0805) against the same month in 2020 (average: 0.8050), the exchange rate shifted by +0.2755 (+34.23%).

2021 Avg (December) 1.0805
2020 Avg (December) 0.8050

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8261 0.8174 0.8199
February 0.8368 0.8201 0.8248
March 0.8505 0.8268 0.8342
April 0.8702 0.8456 0.8596
May 0.9130 0.8736 0.8905
June 0.9142 0.8914 0.9030
July 0.8934 0.8671 0.8807
August 0.9267 0.8860 0.8991
September 0.9296 0.9045 0.9176
October 0.9401 0.9084 0.9224
November 0.9571 0.9357 0.9437
December 4.5069 0.9475 1.0805