2020 PHP to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PHP to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PHP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 208.4174. Conversely, the yearly low was recorded on March 18, dropping to 183.3827.
This high-to-low spread represents a total annual volatility of 25.0347 GNF. From a start-to-finish perspective, comparing the January average rate of 186.5851 to the December average rate of 206.8139, the exchange rate registered a net change of 10.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 208.4174 was up 10.31% compared to the 2019 peak of 188.9372, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
PHP to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 187.4859, compared to 200.6681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.1823 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 6.4519 GNF (High: 189.8346 / Low: 183.3827). On the other end, October was the most stable month, with a tight range of 1.1511 GNF (High: 202.2166 / Low: 201.0656).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2728 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 206.8139) against the same month in 2019 (average: 186.7264), the exchange rate shifted by +20.0876 (+10.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 189.5622 | 184.3450 | 186.5851 |
| February | 188.7512 | 184.5292 | 186.4066 |
| March | 189.8346 | 183.3827 | 186.1338 |
| April | 189.6682 | 185.5388 | 187.4138 |
| May | 189.3408 | 185.4705 | 187.5018 |
| June | 193.3834 | 188.1535 | 190.8741 |
| July | 196.2742 | 193.4370 | 194.8578 |
| August | 199.9103 | 195.5078 | 197.7358 |
| September | 201.9367 | 197.7244 | 199.9557 |
| October | 202.2166 | 201.0656 | 201.6558 |
| November | 204.4533 | 201.7355 | 202.9899 |
| December | 208.4174 | 204.5355 | 206.8139 |