2014 TOP to PHP Historical Review

YEARLY HIGH

24.7976 PHP

YEARLY LOW

22.3745 PHP

YEARLY AVERAGE

23.5378 PHP

2014 TOP to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 24.7976. Conversely, the yearly low was recorded on November 10, dropping to 22.3745.

This high-to-low spread represents a total annual volatility of 2.4232 PHP. From a start-to-finish perspective, comparing the January average rate of 24.1492 to the December average rate of 22.7564, the exchange rate registered a net change of -5.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 24.7976 was up 1.75% compared to the 2013 peak of 24.3705, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 123,988 PHP

2013 Average 118,455 PHP

Yearly Trough Low 111,872 PHP

Transaction Impact: A difference of 12,115.81 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

24.5293

22.4262

JanuMarcMayJulySeptNove

TOP 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 23.9796, compared to 23.0960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8836 points.

H1 Avg (Jan–Jun) 23.9796

H2 Avg (Jul–Dec) 23.0960

Volatility Range Comparison

Volatility

The most volatile month in 2014 was March, with a trading range of 0.9932 PHP (High: 24.7976 / Low: 23.8045). On the other end, February was the most stable month, with a tight range of 0.3767 PHP (High: 24.2390 / Low: 23.8624).

March Spread (Volatile) ±0.9932

February Spread (Stable) ±0.3767

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.6655 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6655

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 24.1247) against the same month in 2013 (average: 23.3091), the exchange rate shifted by +0.8156 (+3.50%).

2014 Avg (March) 24.1247

2013 Avg (March) 23.3091

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.5050	23.8488	24.1492
February	24.2390	23.8624	23.9895
March	24.7976	23.8045	24.1247
April	24.6140	23.9666	24.3540
May	24.2910	23.3684	23.6885
June	23.7518	23.2659	23.5717
July	24.1741	23.3516	23.6033
August	23.9536	23.1768	23.5701
September	23.5599	22.9349	23.1922
October	23.1259	22.6959	22.8526
November	22.9853	22.3745	22.6014
December	22.9357	22.5571	22.7564