YEARLY HIGH
10.0636 PHP
YEARLY LOW
8.4573 PHP
YEARLY AVERAGE
9.1288 PHP

2019 TRY to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 10.0636. Conversely, the yearly low was recorded on May 7, dropping to 8.4573.

This high-to-low spread represents a total annual volatility of 1.6062 PHP. From a start-to-finish perspective, comparing the January average rate of 9.7866 to the December average rate of 8.6679, the exchange rate registered a net change of -11.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 10.0636 was down 27.94% compared to the 2018 peak of 13.9647, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 503,178 PHP
2018 Average 559,430 PHP
Yearly Trough Low 422,867 PHP
Transaction Impact: A difference of 80,311.06 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

10.0211
8.5255
JanuMarcMayJulySeptNove

TRY 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 9.3001, compared to 8.9576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3425 points.

H1 Avg (Jan–Jun) 9.3001
H2 Avg (Jul–Dec) 8.9576

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.8180 PHP (High: 9.4971 / Low: 8.6791). On the other end, November was the most stable month, with a tight range of 0.1856 PHP (High: 8.9447 / Low: 8.7591).

April Spread (Volatile) ±0.8180
November Spread (Stable) ±0.1856

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 March and April, when the average rate fell by 0.5770 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5770

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 9.7866) against the same month in 2018 (average: 13.3965), the exchange rate shifted by -3.6098 (-26.95%).

2019 Avg (January) 9.7866
2018 Avg (January) 13.3965

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.0636 9.4931 9.7866
February 10.0515 9.7225 9.8965
March 9.8120 9.1353 9.5773
April 9.4971 8.6791 9.0003
May 8.9130 8.4573 8.6502
June 9.0439 8.8042 8.8898
July 9.1550 8.9036 9.0174
August 9.5445 8.9149 9.2336
September 9.2012 8.9354 9.1104
October 9.1152 8.6994 8.8818
November 8.9447 8.7591 8.8341
December 8.8941 8.5077 8.6679