YEARLY HIGH
7.2554 NGN
YEARLY LOW
6.6563 NGN
YEARLY AVERAGE
6.8628 NGN

2018 PHP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PHP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 7.2554. Conversely, the yearly low was recorded on September 6, dropping to 6.6563.

This high-to-low spread represents a total annual volatility of 0.5991 NGN. From a start-to-finish perspective, comparing the January average rate of 7.1293 to the December average rate of 6.8952, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 7.2554 was down 1.06% compared to the 2017 peak of 7.3330, 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 1,813,856 NGN
2017 Average 1,655,191 NGN
Yearly Trough Low 1,664,074 NGN
Transaction Impact: A difference of 149,782.17 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

7.1712
6.6685
JanuMarcMayJulySeptNove

PHP to NGN 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 6.9309, compared to 6.7947 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1362 points.

H1 Avg (Jan–Jun) 6.9309
H2 Avg (Jul–Dec) 6.7947

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.2498 NGN (High: 7.2554 / Low: 7.0056). On the other end, March was the most stable month, with a tight range of 0.0799 NGN (High: 6.9425 / Low: 6.8626).

January Spread (Volatile) ±0.2498
March Spread (Stable) ±0.0799

Growth Streaks & Declines

Trends

Between September and December, 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 0.1803 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1803

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 7.1293) against the same month in 2017 (average: 6.2941), the exchange rate shifted by +0.8352 (+13.27%).

2018 Avg (January) 7.1293
2017 Avg (January) 6.2941

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.2554 7.0056 7.1293
February 7.0340 6.8876 6.9491
March 6.9425 6.8626 6.9112
April 6.9750 6.8598 6.9164
May 6.9617 6.8248 6.8927
June 6.8844 6.7066 6.7866
July 6.8040 6.7100 6.7578
August 6.8241 6.7336 6.7784
September 6.7736 6.6563 6.7104
October 6.8070 6.6870 6.7380
November 6.9770 6.8137 6.8883
December 6.9780 6.8354 6.8952