2016 TOP to PHP Historical Review

YEARLY HIGH

22.3695 PHP

YEARLY LOW

20.3315 PHP

YEARLY AVERAGE

21.0919 PHP

2016 TOP to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TOP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 22.3695. Conversely, the yearly low was recorded on June 5, dropping to 20.3315.

This high-to-low spread represents a total annual volatility of 2.0380 PHP. From a start-to-finish perspective, comparing the January average rate of 21.0662 to the December average rate of 21.8562, the exchange rate registered a net change of 3.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 22.3695 was down 2.09% compared to the 2015 peak of 22.8465, 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 111,848 PHP

2015 Average 107,486 PHP

Yearly Trough Low 101,658 PHP

Transaction Impact: A difference of 10,190.08 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

22.1223

20.5028

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 20.8261, compared to 21.3577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5316 points.

H1 Avg (Jan–Jun) 20.8261

H2 Avg (Jul–Dec) 21.3577

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 1.0336 PHP (High: 22.3695 / Low: 21.3359). On the other end, March was the most stable month, with a tight range of 0.3070 PHP (High: 20.8363 / Low: 20.5293).

November Spread (Volatile) ±1.0336

March Spread (Stable) ±0.3070

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2434 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2434

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 21.9874) against the same month in 2015 (average: 21.1644), the exchange rate shifted by +0.8230 (+3.89%).

2016 Avg (November) 21.9874

2015 Avg (November) 21.1644

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.3598	20.7916	21.0662
February	21.2983	20.4164	20.9203
March	20.8363	20.5293	20.6769
April	21.2042	20.5401	20.7981
May	21.2128	20.5126	20.7934
June	21.2006	20.3315	20.7017
July	21.0388	20.5596	20.7709
August	20.9413	20.4927	20.6378
September	21.4960	20.6589	21.1363
October	22.0042	21.4291	21.7574
November	22.3695	21.3359	21.9874
December	22.1892	21.3897	21.8562