YEARLY HIGH
70.3036 PHP
YEARLY LOW
65.0811 PHP
YEARLY AVERAGE
67.7653 PHP

2021 SHP to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SHP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 8, valuing the pair at 70.3036. Conversely, the yearly low was recorded on January 11, dropping to 65.0811.

This high-to-low spread represents a total annual volatility of 5.2225 PHP. From a start-to-finish perspective, comparing the January average rate of 65.5877 to the December average rate of 66.9655, the exchange rate registered a net change of 2.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 70.3036 was up 4.38% compared to the 2020 peak of 67.3542, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SHP based on timing:

Yearly Peak High 351,518 PHP
2020 Average 318,252 PHP
Yearly Trough Low 325,406 PHP
Transaction Impact: A difference of 26,112.38 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

69.7741
65.2071
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 66.9638, compared to 68.5669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6031 points.

H1 Avg (Jan–Jun) 66.9638
H2 Avg (Jul–Dec) 68.5669

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 3.3915 PHP (High: 69.2489 / Low: 65.8574). On the other end, January was the most stable month, with a tight range of 1.0143 PHP (High: 66.0954 / Low: 65.0811).

December Spread (Volatile) ±3.3915
January Spread (Stable) ±1.0143

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 October and November, when the average rate fell by 1.7052 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.7052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 69.2445) against the same month in 2020 (average: 64.0809), the exchange rate shifted by +5.1637 (+8.06%).

2021 Avg (August) 69.2445
2020 Avg (August) 64.0809

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 66.0954 65.0811 65.5877
February 68.7588 65.4574 67.0086
March 67.9836 66.5614 67.2598
April 67.6844 66.5394 67.0209
May 68.2275 66.5047 67.4066
June 68.1609 66.9381 67.4991
July 70.1731 67.7080 69.1267
August 70.3036 67.2082 69.2445
September 69.9959 68.3952 68.9826
October 70.1190 68.7232 69.3935
November 69.3062 66.8330 67.6883
December 69.2489 65.8574 66.9655