2024 PHP to ZAR Historical Review

YEARLY HIGH

0.3452 ZAR

YEARLY LOW

0.2970 ZAR

YEARLY AVERAGE

0.3202 ZAR

2024 PHP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.3452. Conversely, the yearly low was recorded on November 7, dropping to 0.2970.

This high-to-low spread represents a total annual volatility of 0.0482 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.3351 to the December average rate of 0.3123, the exchange rate registered a net change of -6.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3452 was down 2.11% compared to the 2023 peak of 0.3527, 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 86,305 ZAR

2023 Average 82,938 ZAR

Yearly Trough Low 74,262 ZAR

Transaction Impact: A difference of 12,042.73 ZAR purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2024 সাল জুড়ে মাসিক গড় ওঠানামা।

0.3429

0.3024

JanuMarcMayJulySeptNove

PHP to ZAR 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 0.3292, compared to 0.3111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0181 points.

H1 Avg (Jan–Jun) 0.3292

H2 Avg (Jul–Dec) 0.3111

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0219 ZAR (High: 0.3247 / Low: 0.3027). On the other end, March was the most stable month, with a tight range of 0.0071 ZAR (High: 0.3405 / Low: 0.3335).

December Spread (Volatile) ±0.0219

March Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between October and December, 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 0.0124 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.3395) against the same month in 2023 (average: 0.3268), the exchange rate shifted by +0.0128 (+3.91%).

2024 Avg (February) 0.3395

2023 Avg (February) 0.3268

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	0.3411	0.3279	0.3351
February	0.3452	0.3318	0.3395
March	0.3405	0.3335	0.3373
April	0.3370	0.3232	0.3311
May	0.3246	0.3105	0.3187
June	0.3235	0.3051	0.3136
July	0.3164	0.3074	0.3117
August	0.3272	0.3123	0.3171
September	0.3192	0.3049	0.3140
October	0.3104	0.3020	0.3057
November	0.3115	0.2970	0.3060
December	0.3247	0.3027	0.3123

2024 PHP থেকে ZAR-এর ঐতিহাসিক পর্যালোচনা