YEARLY HIGH
0.6633 SRD
YEARLY LOW
0.4921 SRD
YEARLY AVERAGE
0.5790 SRD

2024 PHP to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6633. Conversely, the yearly low was recorded on July 29, dropping to 0.4921.

This high-to-low spread represents a total annual volatility of 0.1712 SRD. From a start-to-finish perspective, comparing the January average rate of 0.6556 to the December average rate of 0.6028, the exchange rate registered a net change of -8.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6633 was down 6.00% compared to the 2023 peak of 0.7056, 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 165,825 SRD
2023 Average 164,517 SRD
Yearly Trough Low 123,014 SRD
Transaction Impact: A difference of 42,810.71 SRD purely based on transaction execution date.

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0.6706
0.4905
JanuMarcMayJulySeptNove

PHP to SRD 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 0.6061, compared to 0.5519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0542 points.

H1 Avg (Jan–Jun) 0.6061
H2 Avg (Jul–Dec) 0.5519

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0461 SRD (High: 0.5900 / Low: 0.5439). On the other end, November was the most stable month, with a tight range of 0.0153 SRD (High: 0.6042 / Low: 0.5888).

October Spread (Volatile) Âą0.0461
November Spread (Stable) Âą0.0153

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0423 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0423

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6556) against the same month in 2023 (average: 0.5792), the exchange rate shifted by +0.0764 (+13.19%).

2024 Avg (January) 0.6556
2023 Avg (January) 0.5792

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Month High Low Average
January 0.6633 0.6465 0.6556
February 0.6559 0.6280 0.6453
March 0.6391 0.6193 0.6302
April 0.6238 0.5845 0.6069
May 0.5901 0.5493 0.5646
June 0.5496 0.5207 0.5341
July 0.5247 0.4921 0.5078
August 0.5138 0.4943 0.5055
September 0.5481 0.5110 0.5302
October 0.5900 0.5439 0.5656
November 0.6042 0.5888 0.5995
December 0.6106 0.5917 0.6028