YEARLY HIGH
41.8820 PHP
YEARLY LOW
37.5175 PHP
YEARLY AVERAGE
39.5142 PHP

2022 SGD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 41.8820. Conversely, the yearly low was recorded on May 12, dropping to 37.5175.

This high-to-low spread represents a total annual volatility of 4.3645 PHP. From a start-to-finish perspective, comparing the January average rate of 37.9203 to the December average rate of 41.0777, the exchange rate registered a net change of 8.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 41.8820 was up 10.38% compared to the 2021 peak of 37.9448, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 209,410 PHP
2021 Average 183,318 PHP
Yearly Trough Low 187,588 PHP
Transaction Impact: A difference of 21,822.62 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

41.8286
37.5429
JanuMarcMayJulySeptNove

SGD 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 38.1913, compared to 40.8370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6457 points.

H1 Avg (Jan–Jun) 38.1913
H2 Avg (Jul–Dec) 40.8370

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 1.4687 PHP (High: 39.6332 / Low: 38.1645). On the other end, August was the most stable month, with a tight range of 0.5192 PHP (High: 40.6141 / Low: 40.0948).

June Spread (Volatile) ±1.4687
August Spread (Stable) ±0.5192

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3938 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.3938

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 41.4715) against the same month in 2021 (average: 37.0891), the exchange rate shifted by +4.3824 (+11.82%).

2022 Avg (November) 41.4715
2021 Avg (November) 37.0891

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.2897 37.5510 37.9203
February 38.4692 37.7433 38.0750
March 38.6700 37.8011 38.3703
April 38.4921 37.7283 38.0903
May 38.3245 37.5175 37.9000
June 39.6332 38.1645 38.7921
July 40.6145 39.4354 40.0671
August 40.6141 40.0948 40.3365
September 41.3738 40.4788 40.8046
October 41.5989 40.9102 41.2649
November 41.8820 41.0683 41.4715
December 41.6699 40.6591 41.0777