YEARLY HIGH
0.1635 HKD
YEARLY LOW
0.1520 HKD
YEARLY AVERAGE
0.1578 HKD

2021 PHP to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 0.1635. Conversely, the yearly low was recorded on December 30, dropping to 0.1520.

This high-to-low spread represents a total annual volatility of 0.0115 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1613 to the December average rate of 0.1550, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1635 was up 1.17% compared to the 2020 peak of 0.1616, 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 40,876 HKD
2020 Average 39,109 HKD
Yearly Trough Low 37,997 HKD
Transaction Impact: A difference of 2,879.08 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1630
0.1526
JanuMarcMayJulySeptNove

PHP to HKD 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 0.1609, compared to 0.1548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.1609
H2 Avg (Jul–Dec) 0.1548

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0060 HKD (High: 0.1594 / Low: 0.1535). On the other end, April was the most stable month, with a tight range of 0.0010 HKD (High: 0.1610 / Low: 0.1600).

August Spread (Volatile) ±0.0060
April Spread (Stable) ±0.0010

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 June and July, when the average rate fell by 0.0058 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.1622) against the same month in 2020 (average: 0.1535), the exchange rate shifted by +0.0087 (+5.66%).

2021 Avg (May) 0.1622
2020 Avg (May) 0.1535

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1619 0.1604 0.1613
February 0.1618 0.1583 0.1605
March 0.1608 0.1595 0.1600
April 0.1610 0.1600 0.1604
May 0.1635 0.1610 0.1622
June 0.1630 0.1590 0.1611
July 0.1581 0.1526 0.1553
August 0.1594 0.1535 0.1551
September 0.1565 0.1522 0.1550
October 0.1546 0.1529 0.1534
November 0.1564 0.1537 0.1547
December 0.1565 0.1520 0.1550