2018 TOP to PHP Historical Review

YEARLY HIGH

23.6929 PHP

YEARLY LOW

21.9778 PHP

YEARLY AVERAGE

23.1746 PHP

2018 TOP to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 23.6929. Conversely, the yearly low was recorded on January 2, dropping to 21.9778.

This high-to-low spread represents a total annual volatility of 1.7151 PHP. From a start-to-finish perspective, comparing the January average rate of 22.4850 to the December average rate of 23.1847, the exchange rate registered a net change of 3.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 23.6929 was up 0.89% compared to the 2017 peak of 23.4844, 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 118,464 PHP

2017 Average 111,245 PHP

Yearly Trough Low 109,889 PHP

Transaction Impact: A difference of 8,575.55 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

23.5334

22.3897

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 23.1760, compared to 23.1731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 23.1760

H2 Avg (Jul–Dec) 23.1731

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 1.2307 PHP (High: 23.2084 / Low: 21.9778). On the other end, March was the most stable month, with a tight range of 0.3095 PHP (High: 23.6393 / Low: 23.3299).

January Spread (Volatile) ±1.2307

March Spread (Stable) ±0.3095

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.3935 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3935

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 23.4297) against the same month in 2017 (average: 22.1256), the exchange rate shifted by +1.3041 (+5.89%).

2018 Avg (February) 23.4297

2017 Avg (February) 22.1256

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.2084	21.9778	22.4850
February	23.6929	23.1904	23.4297
March	23.6393	23.3299	23.4381
April	23.6192	22.9981	23.3969
May	23.6308	22.7404	23.0741
June	23.4730	22.9209	23.2324
July	23.2118	22.7858	23.0534
August	23.1741	22.8638	23.0515
September	23.4802	23.1407	23.3536
October	23.6006	23.1924	23.3944
November	23.2140	22.7553	23.0009
December	23.5719	22.8370	23.1847