YEARLY HIGH
43.0702 PHP
YEARLY LOW
40.1664 PHP
YEARLY AVERAGE
41.8093 PHP

2024 CAD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 43.0702. Conversely, the yearly low was recorded on December 28, dropping to 40.1664.

This high-to-low spread represents a total annual volatility of 2.9037 PHP. From a start-to-finish perspective, comparing the January average rate of 41.7065 to the December average rate of 40.9698, the exchange rate registered a net change of -1.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 43.0702 was up 1.69% compared to the 2023 peak of 42.3548, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 215,351 PHP
2023 Average 205,996 PHP
Yearly Trough Low 200,832 PHP
Transaction Impact: A difference of 14,518.74 PHP purely based on transaction execution date.

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43.0171
40.7837
JanuMarcMayJulySeptNove

CAD 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 41.8849, compared to 41.7337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1512 points.

H1 Avg (Jan–Jun) 41.8849
H2 Avg (Jul–Dec) 41.7337

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.6588 PHP (High: 41.8252 / Low: 40.1664). On the other end, June was the most stable month, with a tight range of 0.4718 PHP (High: 43.0702 / Low: 42.5984).

December Spread (Volatile) Âą1.6588
June Spread (Stable) Âą0.4718

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 November and December, when the average rate fell by 1.0073 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 42.8309) against the same month in 2023 (average: 42.0004), the exchange rate shifted by +0.8305 (+1.98%).

2024 Avg (June) 42.8309
2023 Avg (June) 42.0004

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Month High Low Average
January 42.0427 41.3824 41.7065
February 41.8384 41.3524 41.5142
March 41.6034 41.0101 41.2885
April 42.3071 41.0652 41.6958
May 42.8932 41.6828 42.2738
June 43.0702 42.5984 42.8309
July 43.0350 42.2683 42.6365
August 42.0130 41.4248 41.6890
September 41.8473 40.9662 41.3607
October 42.0993 41.4729 41.7691
November 42.3050 41.6582 41.9771
December 41.8252 40.1664 40.9698