2024 BBD to PHP Historical Review

YEARLY HIGH

29.7175 PHP

YEARLY LOW

27.6728 PHP

YEARLY AVERAGE

28.6459 PHP

2024 BBD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 29.7175. Conversely, the yearly low was recorded on March 11, dropping to 27.6728.

This high-to-low spread represents a total annual volatility of 2.0447 PHP. From a start-to-finish perspective, comparing the January average rate of 27.9808 to the December average rate of 29.2131, the exchange rate registered a net change of 4.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 29.7175 was up 3.79% compared to the 2023 peak of 28.6323, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148,587 PHP

2023 Average 139,044 PHP

Yearly Trough Low 138,364 PHP

Transaction Impact: A difference of 10,223.74 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29.4912

27.8145

JanuMarcMayJulySeptNove

BBD 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 28.4512, compared to 28.8406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3894 points.

H1 Avg (Jan–Jun) 28.4512

H2 Avg (Jul–Dec) 28.8406

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.1187 PHP (High: 29.2512 / Low: 28.1325). On the other end, June was the most stable month, with a tight range of 0.2703 PHP (High: 29.4753 / Low: 29.2050).

October Spread (Volatile) ±1.1187

June Spread (Stable) ±0.2703

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 0.7495 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7495

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 29.2131) against the same month in 2023 (average: 27.7600), the exchange rate shifted by +1.4531 (+5.23%).

2024 Avg (December) 29.2131

2023 Avg (December) 27.7600

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.2025	27.6990	27.9808
February	28.1792	27.8965	28.0109
March	28.1942	27.6728	27.9542
April	28.9235	28.1260	28.5209
May	29.2863	28.5318	28.8890
June	29.4753	29.2050	29.3515
July	29.4017	29.0955	29.2377
August	29.1592	28.0738	28.4882
September	28.2657	27.7817	28.0180
October	29.2512	28.1325	28.7387
November	29.5345	29.1275	29.3479
December	29.7175	28.9050	29.2131