2019 PHP to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PHP to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PHP to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 23.4584. Conversely, the yearly low was recorded on January 27, dropping to 21.1771.
This high-to-low spread represents a total annual volatility of 2.2812 KRW. From a start-to-finish perspective, comparing the January average rate of 21.3738 to the December average rate of 23.0887, the exchange rate registered a net change of 8.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 23.4584 was up 7.52% compared to the 2018 peak of 21.8184, 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 2019.
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 21.9624, compared to 23.0535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0912 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was April, with a trading range of 0.8444 KRW (High: 22.4859 / Low: 21.6416). On the other end, February was the most stable month, with a tight range of 0.2821 KRW (High: 21.6612 / Low: 21.3791).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2481 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 23.0887) against the same month in 2018 (average: 21.2818), the exchange rate shifted by +1.8069 (+8.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 21.5862 | 21.1771 | 21.3738 |
| February | 21.6612 | 21.3791 | 21.5141 |
| March | 21.8155 | 21.2664 | 21.5741 |
| April | 22.4859 | 21.6416 | 21.9896 |
| May | 22.8415 | 22.4494 | 22.6380 |
| June | 22.8415 | 22.4438 | 22.6845 |
| July | 23.2820 | 22.6985 | 23.0246 |
| August | 23.3821 | 22.9751 | 23.2134 |
| September | 23.2309 | 22.6536 | 22.9653 |
| October | 23.1789 | 22.8306 | 22.9865 |
| November | 23.2389 | 22.8528 | 23.0426 |
| December | 23.4584 | 22.7884 | 23.0887 |