2024 ARS to PHP Historical Review

YEARLY HIGH

0.0689 PHP

YEARLY LOW

0.0562 PHP

YEARLY AVERAGE

0.0629 PHP

2024 ARS to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0689. Conversely, the yearly low was recorded on December 30, dropping to 0.0562.

This high-to-low spread represents a total annual volatility of 0.0128 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0684 to the December average rate of 0.0573, the exchange rate registered a net change of -16.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0689 was down 78.13% compared to the 2023 peak of 0.3151, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 345 PHP

2023 Average 1,060 PHP

Yearly Trough Low 281 PHP

Transaction Impact: A difference of 63.77 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0696

0.0562

JanuMarcMayJulySeptNove

ARS 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 0.0662, compared to 0.0595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.0662

H2 Avg (Jul–Dec) 0.0595

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0036 PHP (High: 0.0627 / Low: 0.0591). On the other end, January was the most stable month, with a tight range of 0.0008 PHP (High: 0.0689 / Low: 0.0681).

August Spread (Volatile) ±0.0036

January Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0684) against the same month in 2023 (average: 0.3019), the exchange rate shifted by -0.2334 (-77.33%).

2024 Avg (January) 0.0684

2023 Avg (January) 0.3019

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0689	0.0681	0.0684
February	0.0680	0.0666	0.0672
March	0.0665	0.0652	0.0657
April	0.0662	0.0651	0.0657
May	0.0661	0.0649	0.0653
June	0.0657	0.0642	0.0650
July	0.0643	0.0628	0.0634
August	0.0627	0.0591	0.0606
September	0.0593	0.0577	0.0584
October	0.0593	0.0577	0.0587
November	0.0593	0.0580	0.0587
December	0.0581	0.0562	0.0573