YEARLY HIGH
1.8616 CVE
YEARLY LOW
1.6968 CVE
YEARLY AVERAGE
1.7792 CVE

2018 PHP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PHP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 1.8616. Conversely, the yearly low was recorded on February 19, dropping to 1.6968.

This high-to-low spread represents a total annual volatility of 0.1648 CVE. From a start-to-finish perspective, comparing the January average rate of 1.7977 to the December average rate of 1.8405, the exchange rate registered a net change of 2.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.8616 was down 12.95% compared to the 2017 peak of 2.1384, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 465,398 CVE
2017 Average 486,907 CVE
Yearly Trough Low 424,199 CVE
Transaction Impact: A difference of 41,198.39 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.8536
1.7101
JanuMarcMayJulySeptNove

PHP to CVE 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 1.7590, compared to 1.7993 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0404 points.

H1 Avg (Jan–Jun) 1.7590
H2 Avg (Jul–Dec) 1.7993

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.1143 CVE (High: 1.8496 / Low: 1.7353). On the other end, July was the most stable month, with a tight range of 0.0326 CVE (High: 1.7848 / Low: 1.7522).

January Spread (Volatile) ±0.1143
July Spread (Stable) ±0.0326

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0697 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0697

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1.8416) against the same month in 2017 (average: 1.8524), the exchange rate shifted by -0.0108 (-0.58%).

2018 Avg (November) 1.8416
2017 Avg (November) 1.8524

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8496 1.7353 1.7977
February 1.7605 1.6968 1.7280
March 1.7475 1.6992 1.7220
April 1.7735 1.7148 1.7338
May 1.8129 1.7619 1.7874
June 1.8113 1.7471 1.7849
July 1.7848 1.7522 1.7724
August 1.8240 1.7700 1.7983
September 1.7797 1.7296 1.7572
October 1.8289 1.7615 1.7860
November 1.8616 1.8221 1.8416
December 1.8577 1.8186 1.8405