2021 PHP to HNL Historical Review

YEARLY HIGH

0.5179 HNL

YEARLY LOW

0.4670 HNL

YEARLY AVERAGE

0.4896 HNL

2021 PHP to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.5179. Conversely, the yearly low was recorded on July 19, dropping to 0.4670.

This high-to-low spread represents a total annual volatility of 0.0509 HNL. From a start-to-finish perspective, comparing the January average rate of 0.5043 to the December average rate of 0.4826, the exchange rate registered a net change of -4.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5179 was up 1.17% compared to the 2020 peak of 0.5119, 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 129,480 HNL

2020 Average 124,704 HNL

Yearly Trough Low 116,758 HNL

Transaction Impact: A difference of 12,722.07 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5074

0.4708

JanuMarcMayJulySeptNove

PHP to HNL 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 0.5008, compared to 0.4783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0225 points.

H1 Avg (Jan–Jun) 0.5008

H2 Avg (Jul–Dec) 0.4783

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0217 HNL (High: 0.4887 / Low: 0.4670). On the other end, May was the most stable month, with a tight range of 0.0052 HNL (High: 0.5058 / Low: 0.5006).

July Spread (Volatile) ±0.0217

May Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 0.0221 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.5043) against the same month in 2020 (average: 0.4876), the exchange rate shifted by +0.0167 (+3.43%).

2021 Avg (January) 0.5043

2020 Avg (January) 0.4876

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5179	0.5007	0.5043
February	0.5062	0.4919	0.5020
March	0.5012	0.4953	0.4988
April	0.5006	0.4947	0.4972
May	0.5058	0.5006	0.5031
June	0.5059	0.4897	0.4993
July	0.4887	0.4670	0.4772
August	0.4889	0.4682	0.4739
September	0.4862	0.4716	0.4801
October	0.4803	0.4740	0.4764
November	0.4854	0.4762	0.4798
December	0.4894	0.4761	0.4826