YEARLY HIGH
32.7339 PHP
YEARLY LOW
30.6637 PHP
YEARLY AVERAGE
31.6967 PHP

2024 BAM to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 32.7339. Conversely, the yearly low was recorded on February 15, dropping to 30.6637.

This high-to-low spread represents a total annual volatility of 2.0701 PHP. From a start-to-finish perspective, comparing the January average rate of 31.2291 to the December average rate of 31.3074, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 32.7339 was up 2.91% compared to the 2023 peak of 31.8084, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 163,669 PHP
2023 Average 153,828 PHP
Yearly Trough Low 153,319 PHP
Transaction Impact: A difference of 10,350.72 PHP purely based on transaction execution date.

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32.5940
30.7796
JanuMarcMayJulySeptNove

BAM 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 31.4610, compared to 31.9323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4713 points.

H1 Avg (Jan–Jun) 31.4610
H2 Avg (Jul–Dec) 31.9323

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.1984 PHP (High: 32.6019 / Low: 31.4035). On the other end, March was the most stable month, with a tight range of 0.3756 PHP (High: 31.3239 / Low: 30.9483).

November Spread (Volatile) Âą1.1984
March Spread (Stable) Âą0.3756

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.6079 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.6079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 32.3060) against the same month in 2023 (average: 30.9220), the exchange rate shifted by +1.3840 (+4.48%).

2024 Avg (June) 32.3060
2023 Avg (June) 30.9220

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Month High Low Average
January 31.4453 30.9778 31.2291
February 31.2483 30.6637 30.9308
March 31.3239 30.9483 31.0700
April 31.7179 30.8713 31.3029
May 32.4753 31.3571 31.9273
June 32.7339 31.9487 32.3060
July 32.6176 32.2242 32.4428
August 32.3978 31.7795 32.0689
September 32.1636 31.5934 31.8351
October 32.3094 31.6285 32.0245
November 32.6019 31.4035 31.9153
December 31.8979 30.8666 31.3074