YEARLY HIGH
52.1765 BIF
YEARLY LOW
48.7738 BIF
YEARLY AVERAGE
50.3612 BIF

2024 PHP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 52.1765. Conversely, the yearly low was recorded on June 22, dropping to 48.7738.

This high-to-low spread represents a total annual volatility of 3.4027 BIF. From a start-to-finish perspective, comparing the January average rate of 50.9904 to the December average rate of 50.4540, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 52.1765 was up 0.02% compared to the 2023 peak of 52.1658, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 13,044,118 BIF
2023 Average 11,443,972 BIF
Yearly Trough Low 12,193,442 BIF
Transaction Impact: A difference of 850,675.11 BIF purely based on transaction execution date.

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51.9108
48.7342
JanuMarcMayJulySeptNove

PHP to BIF 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 50.3536, compared to 50.3688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0152 points.

H1 Avg (Jan–Jun) 50.3536
H2 Avg (Jul–Dec) 50.3688

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2.0738 BIF (High: 51.4346 / Low: 49.3607). On the other end, June was the most stable month, with a tight range of 0.4818 BIF (High: 49.2555 / Low: 48.7738).

August Spread (Volatile) Âą2.0738
June Spread (Stable) Âą0.4818

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 1.0972 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0972

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 51.6461) against the same month in 2023 (average: 49.9352), the exchange rate shifted by +1.7109 (+3.43%).

2024 Avg (September) 51.6461
2023 Avg (September) 49.9352

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Month High Low Average
January 51.5641 50.6205 50.9904
February 51.2702 50.6750 51.0481
March 51.7609 50.5133 51.1715
April 50.9153 49.5889 50.2394
May 50.2948 49.0806 49.6733
June 49.2555 48.7738 48.9989
July 49.4833 48.9307 49.2311
August 51.4346 49.3607 50.5639
September 52.1765 50.9700 51.6461
October 51.6474 49.7461 50.5490
November 50.5495 49.0818 49.7688
December 51.1339 49.7370 50.4540