YEARLY HIGH
4.2808 PHP
YEARLY LOW
3.8218 PHP
YEARLY AVERAGE
4.0951 PHP

2014 SZL to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SZL to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 4.2808. Conversely, the yearly low was recorded on December 15, dropping to 3.8218.

This high-to-low spread represents a total annual volatility of 0.4590 PHP. From a start-to-finish perspective, comparing the January average rate of 4.1434 to the December average rate of 3.8850, the exchange rate registered a net change of -6.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 4.2808 was down 11.63% compared to the 2013 peak of 4.8439, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,404 PHP
2013 Average 22,037 PHP
Yearly Trough Low 19,109 PHP
Transaction Impact: A difference of 2,294.89 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

4.2613
3.8508
JanuMarcMayJulySeptNove

SZL 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 4.1579, compared to 4.0323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1257 points.

H1 Avg (Jan–Jun) 4.1579
H2 Avg (Jul–Dec) 4.0323

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.2475 PHP (High: 4.0693 / Low: 3.8218). On the other end, August was the most stable month, with a tight range of 0.0694 PHP (High: 4.1406 / Low: 4.0712).

December Spread (Volatile) ±0.2475
August Spread (Stable) ±0.0694

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.1714 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1714

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2014: 4.2271) against the same month in 2013 (average: 4.5239), the exchange rate shifted by -0.2968 (-6.56%).

2014 Avg (April) 4.2271
2013 Avg (April) 4.5239

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.2186 4.0349 4.1434
February 4.1603 4.0328 4.0852
March 4.2415 4.1186 4.1691
April 4.2808 4.1860 4.2271
May 4.2456 4.1699 4.2168
June 4.1672 4.0673 4.1060
July 4.1179 4.0378 4.0781
August 4.1406 4.0712 4.1052
September 4.0802 3.9859 4.0253
October 4.1100 3.9630 4.0436
November 4.1063 3.9866 4.0564
December 4.0693 3.8218 3.8850