YEARLY HIGH
7.1876 NGN
YEARLY LOW
5.8461 NGN
YEARLY AVERAGE
6.9561 NGN

2019 PHP to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PHP to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 7.1876. Conversely, the yearly low was recorded on August 26, dropping to 5.8461.

This high-to-low spread represents a total annual volatility of 1.3415 NGN. From a start-to-finish perspective, comparing the January average rate of 6.9303 to the December average rate of 7.1429, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 7.1876 was down 0.93% compared to the 2018 peak of 7.2554, 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 1,796,904 NGN
2018 Average 1,715,621 NGN
Yearly Trough Low 1,461,537 NGN
Transaction Impact: A difference of 335,367.19 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

7.1847
6.6847
JanuMarcMayJulySeptNove

PHP to NGN 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 6.8783, compared to 7.0338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1555 points.

H1 Avg (Jan–Jun) 6.8783
H2 Avg (Jul–Dec) 7.0338

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 1.1742 NGN (High: 7.0204 / Low: 5.8461). On the other end, November was the most stable month, with a tight range of 0.0777 NGN (High: 7.1876 / Low: 7.1099).

August Spread (Volatile) ±1.1742
November Spread (Stable) ±0.0777

Growth Streaks & Declines

Trends

Between August and November, 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 May and June, when the average rate fell by 0.1705 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1705

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 7.1430) against the same month in 2018 (average: 6.8883), the exchange rate shifted by +0.2547 (+3.70%).

2019 Avg (November) 7.1430
2018 Avg (November) 6.8883

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9961 6.8538 6.9303
February 6.9736 6.8712 6.9261
March 6.9738 6.7264 6.8591
April 7.0046 6.8510 6.9311
May 6.9705 6.8357 6.8969
June 7.0436 5.8823 6.7263
July 7.1047 7.0020 7.0494
August 7.0204 5.8461 6.8862
September 7.0288 6.8958 6.9495
October 7.1449 6.9526 7.0320
November 7.1876 7.1099 7.1430
December 7.1857 7.0938 7.1429