YEARLY HIGH
0.0721 GEL
YEARLY LOW
0.0603 GEL
YEARLY AVERAGE
0.0654 GEL

2021 PHP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.0721. Conversely, the yearly low was recorded on December 30, dropping to 0.0603.

This high-to-low spread represents a total annual volatility of 0.0118 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0687 to the December average rate of 0.0616, the exchange rate registered a net change of -10.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0721 was up 1.80% compared to the 2020 peak of 0.0708, 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 18,028 GEL
2020 Average 15,712 GEL
Yearly Trough Low 15,081 GEL
Transaction Impact: A difference of 2,946.48 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0718
0.0606
JanuMarcMayJulySeptNove

PHP to GEL 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 0.0688, compared to 0.0620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.0688
H2 Avg (Jul–Dec) 0.0620

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0044 GEL (High: 0.0721 / Low: 0.0677). On the other end, January was the most stable month, with a tight range of 0.0010 GEL (High: 0.0690 / Low: 0.0680).

May Spread (Volatile) ±0.0044
January Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 0.0050 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.0705) against the same month in 2020 (average: 0.0634), the exchange rate shifted by +0.0071 (+11.13%).

2021 Avg (May) 0.0705
2020 Avg (May) 0.0634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0690 0.0680 0.0687
February 0.0692 0.0679 0.0686
March 0.0703 0.0683 0.0687
April 0.0717 0.0700 0.0709
May 0.0721 0.0677 0.0705
June 0.0683 0.0645 0.0655
July 0.0643 0.0609 0.0624
August 0.0638 0.0609 0.0618
September 0.0625 0.0608 0.0619
October 0.0626 0.0611 0.0618
November 0.0632 0.0613 0.0623
December 0.0622 0.0603 0.0616