YEARLY HIGH
0.6920 PHP
YEARLY LOW
0.6405 PHP
YEARLY AVERAGE
0.6665 PHP

2021 INR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the INR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.6920. Conversely, the yearly low was recorded on April 20, dropping to 0.6405.

This high-to-low spread represents a total annual volatility of 0.0515 PHP. From a start-to-finish perspective, comparing the January average rate of 0.6576 to the December average rate of 0.6673, the exchange rate registered a net change of 1.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6920 was down 3.56% compared to the 2020 peak of 0.7176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 173,004 PHP
2020 Average 167,353 PHP
Yearly Trough Low 160,137 PHP
Transaction Impact: A difference of 12,866.48 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6853
0.6473
JanuMarcMayJulySeptNove

INR 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 0.6578, compared to 0.6751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0174 points.

H1 Avg (Jan–Jun) 0.6578
H2 Avg (Jul–Dec) 0.6751

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0334 PHP (High: 0.6893 / Low: 0.6559). On the other end, June was the most stable month, with a tight range of 0.0058 PHP (High: 0.6573 / Low: 0.6515).

December Spread (Volatile) ±0.0334
June Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0164 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 0.6821) against the same month in 2020 (average: 0.6598), the exchange rate shifted by +0.0223 (+3.38%).

2021 Avg (September) 0.6821
2020 Avg (September) 0.6598

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6613 0.6546 0.6576
February 0.6717 0.6571 0.6631
March 0.6710 0.6606 0.6669
April 0.6621 0.6405 0.6505
May 0.6624 0.6480 0.6542
June 0.6573 0.6515 0.6544
July 0.6792 0.6593 0.6714
August 0.6842 0.6589 0.6773
September 0.6920 0.6759 0.6821
October 0.6859 0.6717 0.6768
November 0.6813 0.6700 0.6760
December 0.6893 0.6559 0.6673