2016 PHP to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 PHP to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the PHP to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 26.1454. Conversely, the yearly low was recorded on September 30, dropping to 22.7074.
This high-to-low spread represents a total annual volatility of 3.4380 KRW. From a start-to-finish perspective, comparing the January average rate of 25.2751 to the December average rate of 23.7920, the exchange rate registered a net change of -5.87% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 26.1454 was up 1.77% compared to the 2015 peak of 25.6901, 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 2016.
PHP to KRW 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 25.2125, compared to 23.6966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5159 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 1.2840 KRW (High: 25.5326 / Low: 24.2486). On the other end, November was the most stable month, with a tight range of 0.5020 KRW (High: 23.8768 / Low: 23.3748).
Growth Streaks & Declines
TrendsBetween April and June, 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 0.9067 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 25.5822) against the same month in 2015 (average: 24.9042), the exchange rate shifted by +0.6780 (+2.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.5128 | 24.9521 | 25.2751 |
| February | 26.1454 | 25.1510 | 25.5822 |
| March | 26.0905 | 24.9145 | 25.4127 |
| April | 25.0256 | 24.2962 | 24.7539 |
| May | 25.5326 | 24.2486 | 25.0932 |
| June | 25.5791 | 24.5325 | 25.1579 |
| July | 24.6785 | 23.6874 | 24.2512 |
| August | 24.2205 | 23.5214 | 23.8433 |
| September | 23.9713 | 22.7074 | 23.3518 |
| October | 23.6369 | 22.7414 | 23.2962 |
| November | 23.8768 | 23.3748 | 23.6453 |
| December | 24.3488 | 23.3884 | 23.7920 |