YEARLY HIGH
2.3229 KES
YEARLY LOW
1.9671 KES
YEARLY AVERAGE
2.1483 KES

2020 PHP to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PHP to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 2.3229. Conversely, the yearly low was recorded on February 2, dropping to 1.9671.

This high-to-low spread represents a total annual volatility of 0.3558 KES. From a start-to-finish perspective, comparing the January average rate of 1.9887 to the December average rate of 2.2981, the exchange rate registered a net change of 15.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3229 was up 13.33% compared to the 2019 peak of 2.0496, 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 580,736 KES
2019 Average 492,672 KES
Yearly Trough Low 491,781 KES
Transaction Impact: A difference of 88,955.04 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3295
1.9534
JanuMarcMayJulySeptNove

PHP to KES 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 2.0585, compared to 2.2382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1797 points.

H1 Avg (Jan–Jun) 2.0585
H2 Avg (Jul–Dec) 2.2382

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1034 KES (High: 2.0931 / Low: 1.9897). On the other end, September was the most stable month, with a tight range of 0.0180 KES (High: 2.2452 / Low: 2.2272).

March Spread (Volatile) ±0.1034
September Spread (Stable) ±0.0180

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0040 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.2981) against the same month in 2019 (average: 1.9981), the exchange rate shifted by +0.3000 (+15.02%).

2020 Avg (December) 2.2981
2019 Avg (December) 1.9981

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0130 1.9673 1.9887
February 2.0005 1.9671 1.9847
March 2.0931 1.9897 2.0384
April 2.1325 2.0651 2.1014
May 2.1499 2.0913 2.1120
June 2.1382 2.1099 2.1257
July 2.1951 2.1365 2.1723
August 2.2382 2.1912 2.2170
September 2.2452 2.2272 2.2351
October 2.2487 2.2293 2.2402
November 2.2885 2.2383 2.2663
December 2.3229 2.2586 2.2981