YEARLY HIGH
2.3855 ISK
YEARLY LOW
1.8677 ISK
YEARLY AVERAGE
2.0543 ISK

2018 PHP to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PHP to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 2.3855. Conversely, the yearly low was recorded on March 27, dropping to 1.8677.

This high-to-low spread represents a total annual volatility of 0.5179 ISK. From a start-to-finish perspective, comparing the January average rate of 2.0338 to the December average rate of 2.2825, the exchange rate registered a net change of 12.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.3855 was up 1.39% compared to the 2017 peak of 2.3528, 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 596,387 ISK
2017 Average 529,193 ISK
Yearly Trough Low 466,914 ISK
Transaction Impact: A difference of 129,472.83 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3721
1.8671
JanuMarcMayJulySeptNove

PHP to ISK 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 1.9672, compared to 2.1413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1740 points.

H1 Avg (Jan–Jun) 1.9672
H2 Avg (Jul–Dec) 2.1413

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.2120 ISK (High: 2.2776 / Low: 2.0656). On the other end, July was the most stable month, with a tight range of 0.0476 ISK (High: 2.0123 / Low: 1.9647).

October Spread (Volatile) ±0.2120
July Spread (Stable) ±0.0476

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0876 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0876

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 2.3300) against the same month in 2017 (average: 2.0452), the exchange rate shifted by +0.2848 (+13.92%).

2018 Avg (November) 2.3300
2017 Avg (November) 2.0452

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0942 1.9564 2.0338
February 1.9905 1.9162 1.9462
March 1.9419 1.8677 1.9091
April 1.9592 1.8886 1.9149
May 2.0196 1.9501 1.9879
June 2.0483 1.9758 2.0115
July 2.0123 1.9647 1.9951
August 2.0502 1.9982 2.0212
September 2.1016 2.0122 2.0468
October 2.2776 2.0656 2.1721
November 2.3855 2.2693 2.3300
December 2.3502 2.2053 2.2825