2014 PHP to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PHP to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PHP to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 34.9886. Conversely, the yearly low was recorded on January 25, dropping to 33.1063.
This high-to-low spread represents a total annual volatility of 1.8823 LBP. From a start-to-finish perspective, comparing the January average rate of 33.4661 to the December average rate of 33.8600, the exchange rate registered a net change of 1.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 34.9886 was down 5.93% compared to the 2013 peak of 37.1952, 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 2014.
PHP to LBP 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 33.8932, compared to 34.1355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2422 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 1.1543 LBP (High: 34.7980 / Low: 33.6438). On the other end, November was the most stable month, with a tight range of 0.2317 LBP (High: 33.7438 / Low: 33.5121).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4789 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2014: 34.7784) against the same month in 2013 (average: 34.8619), the exchange rate shifted by -0.0835 (-0.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.8578 | 33.1063 | 33.4661 |
| February | 33.8491 | 33.1424 | 33.5268 |
| March | 33.9414 | 33.2526 | 33.6132 |
| April | 34.0309 | 33.4438 | 33.8197 |
| May | 34.7466 | 33.8813 | 34.4513 |
| June | 34.7204 | 34.2601 | 34.4823 |
| July | 34.9886 | 34.4574 | 34.7784 |
| August | 34.6770 | 34.3333 | 34.5101 |
| September | 34.7980 | 33.6438 | 34.2467 |
| October | 33.8909 | 33.6279 | 33.7678 |
| November | 33.7438 | 33.5121 | 33.6497 |
| December | 33.9988 | 33.7503 | 33.8600 |