2024 CVE to PHP Historical Review

YEARLY HIGH

0.5809 PHP

YEARLY LOW

0.5435 PHP

YEARLY AVERAGE

0.5617 PHP

2024 CVE to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 0.5809. Conversely, the yearly low was recorded on February 15, dropping to 0.5435.

This high-to-low spread represents a total annual volatility of 0.0374 PHP. From a start-to-finish perspective, comparing the January average rate of 0.5533 to the December average rate of 0.5552, the exchange rate registered a net change of 0.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5809 was up 3.04% compared to the 2023 peak of 0.5637, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,904 PHP

2023 Average 2,724 PHP

Yearly Trough Low 2,717 PHP

Transaction Impact: A difference of 187.03 PHP purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2024 সাল জুড়ে মাসিক গড় ওঠানামা।

0.5777

0.5450

JanuMarcMayJulySeptNove

CVE 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 0.5575, compared to 0.5658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0084 points.

H1 Avg (Jan–Jun) 0.5575

H2 Avg (Jul–Dec) 0.5658

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0249 PHP (High: 0.5756 / Low: 0.5507). On the other end, July was the most stable month, with a tight range of 0.0076 PHP (High: 0.5780 / Low: 0.5703).

May Spread (Volatile) ±0.0249

July Spread (Stable) ±0.0076

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 0.0106 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.5658) against the same month in 2023 (average: 0.5450), the exchange rate shifted by +0.0208 (+3.81%).

2024 Avg (November) 0.5658

2023 Avg (November) 0.5450

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	0.5572	0.5471	0.5533
February	0.5530	0.5435	0.5478
March	0.5556	0.5460	0.5505
April	0.5626	0.5476	0.5553
May	0.5756	0.5507	0.5656
June	0.5801	0.5667	0.5724
July	0.5780	0.5703	0.5750
August	0.5742	0.5624	0.5679
September	0.5689	0.5598	0.5638
October	0.5734	0.5603	0.5674
November	0.5809	0.5565	0.5658
December	0.5658	0.5475	0.5552

2024 CVE থেকে PHP-এর ঐতিহাসিক পর্যালোচনা