2018 SHP to PHP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SHP to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SHP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 74.6719. Conversely, the yearly low was recorded on December 11, dropping to 65.8931.
This high-to-low spread represents a total annual volatility of 8.7788 PHP. From a start-to-finish perspective, comparing the January average rate of 69.8275 to the December average rate of 66.8821, the exchange rate registered a net change of -4.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 74.6719 was up 7.13% compared to the 2017 peak of 69.7008, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
SHP to PHP 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 71.5308, compared to 69.0616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4693 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 5.6651 PHP (High: 72.9469 / Low: 67.2818). On the other end, May was the most stable month, with a tight range of 1.2641 PHP (High: 71.0589 / Low: 69.7948).
Growth Streaks & Declines
TrendsBetween January and April, 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 April and May, when the average rate fell by 2.7979 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2018: 73.1562) against the same month in 2017 (average: 62.9792), the exchange rate shifted by +10.1770 (+16.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 72.9469 | 67.2818 | 69.8275 |
| February | 73.7105 | 71.1499 | 72.4705 |
| March | 74.4077 | 71.5197 | 72.8014 |
| April | 74.6719 | 71.1128 | 73.1562 |
| May | 71.0589 | 69.7948 | 70.3584 |
| June | 71.2142 | 69.9274 | 70.5709 |
| July | 70.9154 | 69.5540 | 70.3103 |
| August | 69.5892 | 67.8913 | 68.5401 |
| September | 71.7714 | 68.8631 | 70.3667 |
| October | 71.5485 | 67.9855 | 70.1977 |
| November | 69.5589 | 66.6528 | 68.0725 |
| December | 67.4185 | 65.8931 | 66.8821 |