YEARLY HIGH
2.3066 PHP
YEARLY LOW
2.1001 PHP
YEARLY AVERAGE
2.2025 PHP

2018 HNL to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HNL to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 2.3066. Conversely, the yearly low was recorded on January 6, dropping to 2.1001.

This high-to-low spread represents a total annual volatility of 0.2065 PHP. From a start-to-finish perspective, comparing the January average rate of 2.1380 to the December average rate of 2.1763, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.3066 was up 4.24% compared to the 2017 peak of 2.2129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,533 PHP
2017 Average 10,735 PHP
Yearly Trough Low 10,500 PHP
Transaction Impact: A difference of 1,032.56 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.2540
2.1275
JanuMarcMayJulySeptNove

HNL 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 2.1921, compared to 2.2128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0206 points.

H1 Avg (Jan–Jun) 2.1921
H2 Avg (Jul–Dec) 2.2128

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.1701 PHP (High: 2.3066 / Low: 2.1365). On the other end, March was the most stable month, with a tight range of 0.0202 PHP (High: 2.2176 / Low: 2.1975).

December Spread (Volatile) ±0.1701
March Spread (Stable) ±0.0202

Growth Streaks & Declines

Trends

Between January and March, 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 0.0654 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0654

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.1763) against the same month in 2017 (average: 2.1275), the exchange rate shifted by +0.0488 (+2.30%).

2018 Avg (December) 2.1763
2017 Avg (December) 2.1275

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1762 2.1001 2.1380
February 2.2202 2.1740 2.1981
March 2.2176 2.1975 2.2054
April 2.2161 2.1814 2.1980
May 2.2104 2.1813 2.1980
June 2.2399 2.1856 2.2151
July 2.2373 2.2055 2.2253
August 2.2329 2.1970 2.2183
September 2.2585 2.2245 2.2434
October 2.2629 2.2156 2.2393
November 2.2066 2.1417 2.1739
December 2.3066 2.1365 2.1763