YEARLY HIGH
23.4844 PHP
YEARLY LOW
21.2350 PHP
YEARLY AVERAGE
22.2482 PHP

2017 TOP to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 23.4844. Conversely, the yearly low was recorded on May 6, dropping to 21.2350.

This high-to-low spread represents a total annual volatility of 2.2494 PHP. From a start-to-finish perspective, comparing the January average rate of 21.6143 to the December average rate of 21.9792, the exchange rate registered a net change of 1.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 23.4844 was up 4.98% compared to the 2016 peak of 22.3695, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 117,422 PHP
2016 Average 105,461 PHP
Yearly Trough Low 106,175 PHP
Transaction Impact: A difference of 11,246.93 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

23.2834
21.3501
JanuMarcMayJulySeptNove

TOP 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 21.8042, compared to 22.6922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8880 points.

H1 Avg (Jan–Jun) 21.8042
H2 Avg (Jul–Dec) 22.6922

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 1.0163 PHP (High: 22.4748 / Low: 21.4585). On the other end, December was the most stable month, with a tight range of 0.2475 PHP (High: 22.1159 / Low: 21.8683).

June Spread (Volatile) ±1.0163
December Spread (Stable) ±0.2475

Growth Streaks & Declines

Trends

Between May and August, 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 October and November, when the average rate fell by 0.5310 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 23.1223) against the same month in 2016 (average: 20.6378), the exchange rate shifted by +2.4845 (+12.04%).

2017 Avg (August) 23.1223
2016 Avg (August) 20.6378

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.8170 21.2853 21.6143
February 22.3821 21.6870 22.1256
March 22.3846 21.6813 21.9664
April 21.9238 21.3299 21.6930
May 21.6822 21.2350 21.5112
June 22.4748 21.4585 21.9145
July 22.9385 22.2710 22.6332
August 23.4844 22.7633 23.1223
September 23.3492 22.7726 23.0396
October 23.2320 22.7705 22.9551
November 22.7627 21.9057 22.4241
December 22.1159 21.8683 21.9792