2019 PHP to RSD Historical Review

YEARLY HIGH

2.1081 RSD

YEARLY LOW

1.9493 RSD

YEARLY AVERAGE

2.0334 RSD

2019 PHP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PHP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 2.1081. Conversely, the yearly low was recorded on March 20, dropping to 1.9493.

This high-to-low spread represents a total annual volatility of 0.1588 RSD. From a start-to-finish perspective, comparing the January average rate of 1.9767 to the December average rate of 2.0836, the exchange rate registered a net change of 5.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.1081 was up 5.61% compared to the 2018 peak of 1.9961, 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 527,029 RSD

2018 Average 475,706 RSD

Yearly Trough Low 487,317 RSD

Transaction Impact: A difference of 39,711.91 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.1085

1.9648

JanuMarcMayJulySeptNove

PHP to RSD 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 2.0033, compared to 2.0635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0602 points.

H1 Avg (Jan–Jun) 2.0033

H2 Avg (Jul–Dec) 2.0635

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0702 RSD (High: 2.0726 / Low: 2.0025). On the other end, October was the most stable month, with a tight range of 0.0250 RSD (High: 2.0757 / Low: 2.0507).

August Spread (Volatile) ±0.0702

October Spread (Stable) ±0.0250

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0234 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 2.0965) against the same month in 2018 (average: 1.9721), the exchange rate shifted by +0.1244 (+6.31%).

2019 Avg (November) 2.0965

2018 Avg (November) 1.9721

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9922	1.9545	1.9767
February	2.0061	1.9754	1.9954
March	2.0151	1.9493	1.9890
April	2.0326	2.0063	2.0213
May	2.0359	2.0011	2.0183
June	2.0319	1.9998	2.0187
July	2.0850	2.0345	2.0535
August	2.0726	2.0025	2.0300
September	2.0760	2.0342	2.0518
October	2.0757	2.0507	2.0654
November	2.1081	2.0807	2.0965
December	2.0986	2.0664	2.0836