YEARLY HIGH
59.0685 PHP
YEARLY LOW
54.4345 PHP
YEARLY AVERAGE
56.5960 PHP

2020 EUR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 59.0685. Conversely, the yearly low was recorded on May 13, dropping to 54.4345.

This high-to-low spread represents a total annual volatility of 4.6339 PHP. From a start-to-finish perspective, comparing the January average rate of 56.4439 to the December average rate of 58.5306, the exchange rate registered a net change of 3.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 59.0685 was down 2.35% compared to the 2019 peak of 60.4909, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 295,342 PHP
2019 Average 289,878 PHP
Yearly Trough Low 272,173 PHP
Transaction Impact: A difference of 23,169.66 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

58.8784
54.7046
JanuMarcMayJulySeptNove

EUR 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 55.8162, compared to 57.3759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5598 points.

H1 Avg (Jan–Jun) 55.8162
H2 Avg (Jul–Dec) 57.3759

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.8800 PHP (High: 57.6352 / Low: 54.7552). On the other end, June was the most stable month, with a tight range of 0.9810 PHP (High: 56.9491 / Low: 55.9680).

March Spread (Volatile) ±2.8800
June Spread (Stable) ±0.9810

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 March and April, when the average rate fell by 1.3311 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.3311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 58.5306) against the same month in 2019 (average: 56.4095), the exchange rate shifted by +2.1211 (+3.76%).

2020 Avg (December) 58.5306
2019 Avg (December) 56.4095

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 57.2009 55.9352 56.4439
February 56.5900 54.6740 55.4659
March 57.6352 54.7552 56.3835
April 55.7901 54.5718 55.0525
May 56.0170 54.4345 55.2215
June 56.9491 55.9680 56.3298
July 58.3517 55.7280 56.6162
August 58.2851 57.1903 57.6995
September 57.9608 56.3863 57.1845
October 57.5403 56.5485 57.0746
November 57.5756 56.3959 57.1501
December 59.0685 57.9524 58.5306