YEARLY HIGH
60.0633 PHP
YEARLY LOW
56.0651 PHP
YEARLY AVERAGE
58.2665 PHP

2021 EUR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 60.0633. Conversely, the yearly low was recorded on December 18, dropping to 56.0651.

This high-to-low spread represents a total annual volatility of 3.9982 PHP. From a start-to-finish perspective, comparing the January average rate of 58.4925 to the December average rate of 56.8854, the exchange rate registered a net change of -2.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 60.0633 was up 1.68% compared to the 2020 peak of 59.0685, 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 300,317 PHP
2020 Average 283,020 PHP
Yearly Trough Low 280,326 PHP
Transaction Impact: A difference of 19,991.15 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

59.4059
56.6562
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 58.1229, compared to 58.4101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2872 points.

H1 Avg (Jan–Jun) 58.1229
H2 Avg (Jul–Dec) 58.4101

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 2.3692 PHP (High: 58.7836 / Low: 56.4144). On the other end, October was the most stable month, with a tight range of 0.7325 PHP (High: 59.1190 / Low: 58.3865).

November Spread (Volatile) ±2.3692
October Spread (Stable) ±0.7325

Growth Streaks & Declines

Trends

Between March and May, 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 October and November, when the average rate fell by 1.3816 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.3816

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 59.1768) against the same month in 2020 (average: 56.6162), the exchange rate shifted by +2.5606 (+4.52%).

2021 Avg (July) 59.1768
2020 Avg (July) 56.6162

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 59.2788 58.0238 58.4925
February 59.5382 57.5328 58.4097
March 58.5787 56.8756 57.7540
April 58.8418 57.1065 57.9441
May 58.9370 57.5814 58.1625
June 58.3479 57.5359 57.9742
July 60.0633 58.2682 59.1768
August 59.7444 57.4815 59.0786
September 59.7593 58.6923 59.0930
October 59.1190 58.3865 58.8041
November 58.7836 56.4144 57.4225
December 58.0896 56.0651 56.8854