2020 PHP to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PHP to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PHP to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 24.6656. Conversely, the yearly low was recorded on December 7, dropping to 22.5080.
This high-to-low spread represents a total annual volatility of 2.1576 KRW. From a start-to-finish perspective, comparing the January average rate of 22.9392 to the December average rate of 22.7570, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 24.6656 was up 5.15% compared to the 2019 peak of 23.4584, 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 2020.
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 23.8209, compared to 23.7262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0947 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.3158 KRW (High: 24.6656 / Low: 23.3498). On the other end, July was the most stable month, with a tight range of 0.3159 KRW (High: 24.4061 / Low: 24.0902).
Growth Streaks & Declines
TrendsBetween January and May, 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 September and October, when the average rate fell by 0.6850 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 23.8853) against the same month in 2019 (average: 21.5741), the exchange rate shifted by +2.3112 (+10.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.4466 | 22.7207 | 22.9392 |
| February | 23.8654 | 23.3181 | 23.5189 |
| March | 24.6656 | 23.3498 | 23.8853 |
| April | 24.3734 | 23.9147 | 24.1362 |
| May | 24.5428 | 24.0686 | 24.3321 |
| June | 24.3778 | 23.8133 | 24.1138 |
| July | 24.4061 | 24.0902 | 24.2710 |
| August | 24.5192 | 24.1275 | 24.3431 |
| September | 24.4950 | 23.9999 | 24.2784 |
| October | 24.0649 | 23.2844 | 23.5934 |
| November | 23.4251 | 22.9230 | 23.1144 |
| December | 23.0699 | 22.5080 | 22.7570 |