YEARLY HIGH
16.5744 PHP
YEARLY LOW
14.7156 PHP
YEARLY AVERAGE
15.4832 PHP

2024 ILS to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 16.5744. Conversely, the yearly low was recorded on September 21, dropping to 14.7156.

This high-to-low spread represents a total annual volatility of 1.8588 PHP. From a start-to-finish perspective, comparing the January average rate of 15.0919 to the December average rate of 16.1262, the exchange rate registered a net change of 6.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.5744 was up 1.92% compared to the 2023 peak of 16.2625, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 82,872 PHP
2023 Average 75,525 PHP
Yearly Trough Low 73,578 PHP
Transaction Impact: A difference of 9,294.01 PHP purely based on transaction execution date.

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16.2366
14.9126
JanuMarcMayJulySeptNove

ILS 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 15.3948, compared to 15.5715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1767 points.

H1 Avg (Jan–Jun) 15.3948
H2 Avg (Jul–Dec) 15.5715

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.9762 PHP (High: 15.7370 / Low: 14.7608). On the other end, June was the most stable month, with a tight range of 0.4801 PHP (High: 15.9901 / Low: 15.5100).

October Spread (Volatile) Âą0.9762
June Spread (Stable) Âą0.4801

Growth Streaks & Declines

Trends

Between April and July, 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 0.6123 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 16.1262) against the same month in 2023 (average: 15.1544), the exchange rate shifted by +0.9718 (+6.41%).

2024 Avg (December) 16.1262
2023 Avg (December) 15.1544

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Month High Low Average
January 15.4656 14.7425 15.0919
February 15.7285 15.1406 15.3745
March 15.7196 15.0997 15.3916
April 15.4911 15.0054 15.1759
May 15.9062 15.3136 15.6092
June 15.9901 15.5100 15.7258
July 16.1688 15.5423 15.9234
August 15.5872 15.0778 15.3111
September 15.4876 14.7156 15.0230
October 15.7370 14.7608 15.2657
November 16.2052 15.5535 15.7799
December 16.5744 15.7153 16.1262