YEARLY HIGH
0.1820 NOK
YEARLY LOW
0.1639 NOK
YEARLY AVERAGE
0.1746 NOK

2021 PHP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.1820. Conversely, the yearly low was recorded on October 20, dropping to 0.1639.

This high-to-low spread represents a total annual volatility of 0.0181 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1773 to the December average rate of 0.1783, the exchange rate registered a net change of 0.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1820 was down 21.49% compared to the 2020 peak of 0.2319, 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 45,506 NOK
2020 Average 47,457 NOK
Yearly Trough Low 40,986 NOK
Transaction Impact: A difference of 4,520.03 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1795
0.1658
JanuMarcMayJulySeptNove

PHP to NOK 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 0.1752, compared to 0.1740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1752
H2 Avg (Jul–Dec) 0.1740

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0130 NOK (High: 0.1797 / Low: 0.1667). On the other end, May was the most stable month, with a tight range of 0.0035 NOK (High: 0.1753 / Low: 0.1718).

November Spread (Volatile) ±0.0130
May Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between April and August, 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 0.0056 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1783) against the same month in 2020 (average: 0.1810), the exchange rate shifted by -0.0027 (-1.47%).

2021 Avg (December) 0.1783
2020 Avg (December) 0.1810

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1803 0.1749 0.1773
February 0.1796 0.1723 0.1762
March 0.1786 0.1727 0.1757
April 0.1758 0.1686 0.1733
May 0.1753 0.1718 0.1735
June 0.1788 0.1730 0.1751
July 0.1779 0.1731 0.1753
August 0.1805 0.1740 0.1764
September 0.1741 0.1684 0.1726
October 0.1701 0.1639 0.1670
November 0.1797 0.1667 0.1741
December 0.1820 0.1718 0.1783