2017 PHP to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PHP to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PHP to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 714.8090. Conversely, the yearly low was recorded on January 3, dropping to 604.4577.
This high-to-low spread represents a total annual volatility of 110.3513 IRR. From a start-to-finish perspective, comparing the January average rate of 637.4186 to the December average rate of 701.0360, the exchange rate registered a net change of 9.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 714.8090 was up 8.38% compared to the 2016 peak of 659.5691, 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 2017.
PHP to IRR 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 647.5362, compared to 664.2742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.7380 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 48.5374 IRR (High: 652.9951 / Low: 604.4577). On the other end, March was the most stable month, with a tight range of 5.5260 IRR (High: 648.8121 / Low: 643.2861).
Growth Streaks & Declines
TrendsBetween July and December, 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 6.9754 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 701.0360) against the same month in 2016 (average: 604.1736), the exchange rate shifted by +96.8624 (+16.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 652.9951 | 604.4577 | 637.4186 |
| February | 653.0965 | 642.4977 | 648.1518 |
| March | 648.8121 | 643.2861 | 645.6878 |
| April | 660.5706 | 646.2650 | 651.3015 |
| May | 654.4450 | 647.0072 | 651.4442 |
| June | 659.4147 | 642.3793 | 651.2136 |
| July | 648.1797 | 640.4291 | 644.2382 |
| August | 650.7266 | 637.7040 | 644.7876 |
| September | 658.2642 | 649.0405 | 653.5495 |
| October | 669.4760 | 653.8667 | 660.5212 |
| November | 692.0414 | 670.9541 | 681.5127 |
| December | 714.8090 | 686.6793 | 701.0360 |