2014 PHP to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 PHP to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the PHP to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 12.0874. Conversely, the yearly low was recorded on March 23, dropping to 10.5136.
This high-to-low spread represents a total annual volatility of 1.5738 XOF. From a start-to-finish perspective, comparing the January average rate of 10.7194 to the December average rate of 11.9240, the exchange rate registered a net change of 11.24% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 12.0874 was down 3.66% compared to the 2013 peak of 12.5462, 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 XOF 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 10.7691, compared to 11.5177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7486 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was May, with a trading range of 0.4068 XOF (High: 11.0398 / Low: 10.6329). On the other end, June was the most stable month, with a tight range of 0.1080 XOF (High: 11.0765 / Low: 10.9685).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1175 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 11.9240) against the same month in 2013 (average: 10.8445), the exchange rate shifted by +1.0795 (+9.95%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.8136 | 10.5680 | 10.7194 |
| February | 10.7880 | 10.6779 | 10.7187 |
| March | 10.6708 | 10.5136 | 10.6012 |
| April | 10.7145 | 10.6045 | 10.6629 |
| May | 11.0398 | 10.6329 | 10.8894 |
| June | 11.0765 | 10.9685 | 11.0228 |
| July | 11.2854 | 11.0085 | 11.1505 |
| August | 11.4387 | 11.1263 | 11.2598 |
| September | 11.6460 | 11.4173 | 11.5161 |
| October | 11.6409 | 11.4405 | 11.5540 |
| November | 11.7625 | 11.6026 | 11.7016 |
| December | 12.0874 | 11.7309 | 11.9240 |