YEARLY HIGH
0.6652 NIO
YEARLY LOW
0.6192 NIO
YEARLY AVERAGE
0.6423 NIO

2024 PHP to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.6652. Conversely, the yearly low was recorded on December 18, dropping to 0.6192.

This high-to-low spread represents a total annual volatility of 0.0460 NIO. From a start-to-finish perspective, comparing the January average rate of 0.6549 to the December average rate of 0.6296, the exchange rate registered a net change of -3.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6652 was down 2.93% compared to the 2023 peak of 0.6853, 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 166,292 NIO
2023 Average 164,336 NIO
Yearly Trough Low 154,802 NIO
Transaction Impact: A difference of 11,489.22 NIO purely based on transaction execution date.

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0.6610
0.6237
JanuMarcMayJulySeptNove

PHP to NIO 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 0.6463, compared to 0.6382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.6463
H2 Avg (Jul–Dec) 0.6382

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0250 NIO (High: 0.6553 / Low: 0.6303). On the other end, June was the most stable month, with a tight range of 0.0058 NIO (High: 0.6302 / Low: 0.6244).

October Spread (Volatile) Âą0.0250
June Spread (Stable) Âą0.0058

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 0.0162 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.6579) against the same month in 2023 (average: 0.6669), the exchange rate shifted by -0.0090 (-1.35%).

2024 Avg (March) 0.6579
2023 Avg (March) 0.6669

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Month High Low Average
January 0.6625 0.6496 0.6549
February 0.6598 0.6511 0.6565
March 0.6652 0.6498 0.6579
April 0.6540 0.6361 0.6454
May 0.6436 0.6280 0.6366
June 0.6302 0.6244 0.6268
July 0.6323 0.6260 0.6293
August 0.6559 0.6309 0.6458
September 0.6626 0.6499 0.6568
October 0.6553 0.6303 0.6406
November 0.6322 0.6227 0.6268
December 0.6364 0.6192 0.6296