2024 PHP to CVE Historical Review

YEARLY HIGH

1.8401 CVE

YEARLY LOW

1.7216 CVE

YEARLY AVERAGE

1.7809 CVE

2024 PHP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 1.8401. Conversely, the yearly low was recorded on November 6, dropping to 1.7216.

This high-to-low spread represents a total annual volatility of 0.1185 CVE. From a start-to-finish perspective, comparing the January average rate of 1.8073 to the December average rate of 1.8013, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.8401 was down 3.45% compared to the 2023 peak of 1.9059, 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 460,022 CVE

2023 Average 458,933 CVE

Yearly Trough Low 430,397 CVE

Transaction Impact: A difference of 29,624.84 CVE purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2024 সাল জুড়ে মাসিক গড় ওঠানামা।

1.8343

1.7305

JanuMarcMayJulySeptNove

PHP to CVE 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 1.7943, compared to 1.7675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0268 points.

H1 Avg (Jan–Jun) 1.7943

H2 Avg (Jul–Dec) 1.7675

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0786 CVE (High: 1.8160 / Low: 1.7374). On the other end, July was the most stable month, with a tight range of 0.0232 CVE (High: 1.7533 / Low: 1.7301).

May Spread (Volatile) ±0.0786

July Spread (Stable) ±0.0232

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0326 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0326

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.8256) against the same month in 2023 (average: 1.8790), the exchange rate shifted by -0.0534 (-2.84%).

2024 Avg (February) 1.8256

2023 Avg (February) 1.8790

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	1.8277	1.7945	1.8073
February	1.8401	1.8083	1.8256
March	1.8314	1.7999	1.8165
April	1.8260	1.7775	1.8010
May	1.8160	1.7374	1.7684
June	1.7647	1.7238	1.7472
July	1.7533	1.7301	1.7392
August	1.7781	1.7415	1.7609
September	1.7863	1.7577	1.7736
October	1.7848	1.7440	1.7625
November	1.7969	1.7216	1.7678
December	1.8265	1.7675	1.8013

2024 PHP থেকে CVE-এর ঐতিহাসিক পর্যালোচনা