YEARLY HIGH
34.9618 PHP
YEARLY LOW
32.5473 PHP
YEARLY AVERAGE
33.6991 PHP

2024 AZN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 34.9618. Conversely, the yearly low was recorded on January 5, dropping to 32.5473.

This high-to-low spread represents a total annual volatility of 2.4145 PHP. From a start-to-finish perspective, comparing the January average rate of 32.9119 to the December average rate of 34.3684, the exchange rate registered a net change of 4.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 34.9618 was up 3.79% compared to the 2023 peak of 33.6850, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 174,809 PHP
2023 Average 163,572 PHP
Yearly Trough Low 162,736 PHP
Transaction Impact: A difference of 12,072.43 PHP purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2024 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

34.6965
32.7115
JanuMarcMayJulySeptNove

AZN 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 33.4680, compared to 33.9301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4622 points.

H1 Avg (Jan–Jun) 33.4680
H2 Avg (Jul–Dec) 33.9301

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.3161 PHP (High: 34.4131 / Low: 33.0971). On the other end, June was the most stable month, with a tight range of 0.3179 PHP (High: 34.6768 / Low: 34.3588).

October Spread (Volatile) Âą1.3161
June Spread (Stable) Âą0.3179

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 0.8818 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8818

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 34.3684) against the same month in 2023 (average: 32.6588), the exchange rate shifted by +1.7096 (+5.23%).

2024 Avg (December) 34.3684
2023 Avg (December) 32.6588

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 33.1794 32.5473 32.9119
February 33.1521 32.8194 32.9540
March 33.1632 32.5562 32.8769
April 34.0276 33.0894 33.5469
May 34.4544 33.5668 33.9870
June 34.6768 34.3588 34.5311
July 34.5903 34.2300 34.3973
August 34.3050 33.0279 33.5155
September 33.2538 32.6844 32.9624
October 34.4131 33.0971 33.8102
November 34.7465 34.2676 34.5270
December 34.9618 34.0059 34.3684