YEARLY HIGH
33.0194 PHP
YEARLY LOW
30.7475 PHP
YEARLY AVERAGE
31.8118 PHP

2024 AWG to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AWG to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 33.0194. Conversely, the yearly low was recorded on March 11, dropping to 30.7475.

This high-to-low spread represents a total annual volatility of 2.2719 PHP. From a start-to-finish perspective, comparing the January average rate of 31.0668 to the December average rate of 32.4550, the exchange rate registered a net change of 4.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 33.0194 was up 3.93% compared to the 2023 peak of 31.7695, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 165,097 PHP
2023 Average 154,425 PHP
Yearly Trough Low 153,738 PHP
Transaction Impact: A difference of 11,359.71 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

32.7545
30.8780
JanuMarcMayJulySeptNove

AWG 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 31.5914, compared to 32.0322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4409 points.

H1 Avg (Jan–Jun) 31.5914
H2 Avg (Jul–Dec) 32.0322

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.2863 PHP (High: 32.5013 / Low: 31.2150). On the other end, June was the most stable month, with a tight range of 0.3453 PHP (High: 32.7503 / Low: 32.4050).

October Spread (Volatile) ±1.2863
June Spread (Stable) ±0.3453

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.8285 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 32.4550) against the same month in 2023 (average: 30.8251), the exchange rate shifted by +1.6298 (+5.29%).

2024 Avg (December) 32.4550
2023 Avg (December) 30.8251

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.3186 30.7767 31.0668
February 31.3103 30.9531 31.1054
March 31.2835 30.7475 31.0344
April 32.1149 31.2078 31.6750
May 32.5403 31.6580 32.0759
June 32.7503 32.4050 32.5909
July 32.6459 32.2835 32.4693
August 32.3767 31.1498 31.6408
September 31.4058 30.8686 31.1124
October 32.5013 31.2150 31.9178
November 32.8161 32.3190 32.5981
December 33.0194 32.0721 32.4550