YEARLY HIGH
70.4023 MGA
YEARLY LOW
58.9906 MGA
YEARLY AVERAGE
63.4556 MGA

2018 PHP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PHP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 70.4023. Conversely, the yearly low was recorded on March 8, dropping to 58.9906.

This high-to-low spread represents a total annual volatility of 11.4117 MGA. From a start-to-finish perspective, comparing the January average rate of 64.1934 to the December average rate of 67.2711, the exchange rate registered a net change of 4.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 70.4023 was up 3.48% compared to the 2017 peak of 68.0362, 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 17,600,566 MGA
2017 Average 15,501,685 MGA
Yearly Trough Low 14,747,640 MGA
Transaction Impact: A difference of 2,852,925.96 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

68.9631
59.6829
JanuMarcMayJulySeptNove

PHP to MGA 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 62.2096, compared to 64.7016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4920 points.

H1 Avg (Jan–Jun) 62.2096
H2 Avg (Jul–Dec) 64.7016

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 4.6320 MGA (High: 70.4023 / Low: 65.7702). On the other end, August was the most stable month, with a tight range of 0.6436 MGA (High: 62.4619 / Low: 61.8183).

December Spread (Volatile) ±4.6320
August Spread (Stable) ±0.6436

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.1016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.1016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 67.2711) against the same month in 2017 (average: 64.1610), the exchange rate shifted by +3.1102 (+4.85%).

2018 Avg (December) 67.2711
2017 Avg (December) 64.1610

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 65.4347 62.6286 64.1934
February 62.4530 59.8367 61.0918
March 61.6219 58.9906 60.4563
April 62.9519 60.9698 61.8177
May 63.3415 61.4766 62.3614
June 64.3756 62.1124 63.3369
July 63.4123 61.6599 62.6535
August 62.4619 61.8183 62.1051
September 63.5779 62.1632 63.0505
October 66.1543 63.4588 64.9398
November 69.8972 66.1942 68.1897
December 70.4023 65.7702 67.2711