2014 PHP to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PHP to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PHP to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 6.7711. Conversely, the yearly low was recorded on January 23, dropping to 6.4004.
This high-to-low spread represents a total annual volatility of 0.3707 MRO. From a start-to-finish perspective, comparing the January average rate of 6.4676 to the December average rate of 6.5111, the exchange rate registered a net change of 0.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 6.7711 was down 9.02% compared to the 2013 peak of 7.4424, 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 MRO 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 6.5774, compared to 6.5837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 0.2649 MRO (High: 6.7334 / Low: 6.4685). On the other end, July was the most stable month, with a tight range of 0.1000 MRO (High: 6.7481 / Low: 6.6482).
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 0.0805 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2014: 6.6913) against the same month in 2013 (average: 6.7745), the exchange rate shifted by -0.0831 (-1.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.5521 | 6.4004 | 6.4676 |
| February | 6.5480 | 6.4024 | 6.4839 |
| March | 6.6298 | 6.4503 | 6.5314 |
| April | 6.7086 | 6.4981 | 6.6169 |
| May | 6.7711 | 6.6025 | 6.6913 |
| June | 6.7262 | 6.6112 | 6.6733 |
| July | 6.7481 | 6.6482 | 6.7092 |
| August | 6.7182 | 6.6142 | 6.6697 |
| September | 6.7334 | 6.4685 | 6.5990 |
| October | 6.5646 | 6.4303 | 6.5184 |
| November | 6.5605 | 6.4527 | 6.4948 |
| December | 6.5565 | 6.4518 | 6.5111 |