2017 TOP to PHP Historical Review

YEARLY HIGH

23.4844 PHP

YEARLY LOW

21.2350 PHP

YEARLY AVERAGE

22.2482 PHP

2017 TOP to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 23.4844. Conversely, the yearly low was recorded on May 6, dropping to 21.2350.

This high-to-low spread represents a total annual volatility of 2.2494 PHP. From a start-to-finish perspective, comparing the January average rate of 21.6143 to the December average rate of 21.9792, the exchange rate registered a net change of 1.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 23.4844 was up 4.98% compared to the 2016 peak of 22.3695, 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 117,422 PHP

2016 Average 105,461 PHP

Yearly Trough Low 106,175 PHP

Transaction Impact: A difference of 11,246.93 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

23.2834

21.3501

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 21.8042, compared to 22.6922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8880 points.

H1 Avg (Jan–Jun) 21.8042

H2 Avg (Jul–Dec) 22.6922

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 1.0163 PHP (High: 22.4748 / Low: 21.4585). On the other end, December was the most stable month, with a tight range of 0.2475 PHP (High: 22.1159 / Low: 21.8683).

June Spread (Volatile) ±1.0163

December Spread (Stable) ±0.2475

Growth Streaks & Declines

Trends

Between May and August, 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 October and November, when the average rate fell by 0.5310 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 23.1223) against the same month in 2016 (average: 20.6378), the exchange rate shifted by +2.4845 (+12.04%).

2017 Avg (August) 23.1223

2016 Avg (August) 20.6378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.8170	21.2853	21.6143
February	22.3821	21.6870	22.1256
March	22.3846	21.6813	21.9664
April	21.9238	21.3299	21.6930
May	21.6822	21.2350	21.5112
June	22.4748	21.4585	21.9145
July	22.9385	22.2710	22.6332
August	23.4844	22.7633	23.1223
September	23.3492	22.7726	23.0396
October	23.2320	22.7705	22.9551
November	22.7627	21.9057	22.4241
December	22.1159	21.8683	21.9792