YEARLY HIGH
0.2832 ZAR
YEARLY LOW
0.2460 ZAR
YEARLY AVERAGE
0.2641 ZAR

2017 PHP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PHP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 0.2832. Conversely, the yearly low was recorded on December 27, dropping to 0.2460.

This high-to-low spread represents a total annual volatility of 0.0371 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.2730 to the December average rate of 0.2603, the exchange rate registered a net change of -4.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2832 was down 19.89% compared to the 2016 peak of 0.3535, 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 70,789 ZAR
2016 Average 77,475 ZAR
Yearly Trough Low 61,509 ZAR
Transaction Impact: A difference of 9,280.25 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2788
0.2554
JanuMarcMayJulySeptNove

PHP to ZAR 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 0.2647, compared to 0.2635 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) 0.2647
H2 Avg (Jul–Dec) 0.2635

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0274 ZAR (High: 0.2735 / Low: 0.2460). On the other end, June was the most stable month, with a tight range of 0.0063 ZAR (High: 0.2615 / Low: 0.2552).

December Spread (Volatile) ±0.0274
June Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0166 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.2768) against the same month in 2016 (average: 0.2840), the exchange rate shifted by -0.0072 (-2.53%).

2017 Avg (November) 0.2768
2016 Avg (November) 0.2840

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2781 0.2666 0.2730
February 0.2706 0.2564 0.2636
March 0.2680 0.2474 0.2573
April 0.2811 0.2615 0.2696
May 0.2736 0.2577 0.2661
June 0.2615 0.2552 0.2587
July 0.2669 0.2543 0.2593
August 0.2668 0.2541 0.2599
September 0.2665 0.2509 0.2582
October 0.2739 0.2593 0.2667
November 0.2832 0.2715 0.2768
December 0.2735 0.2460 0.2603