2024 TRY to PHP Historical Review

YEARLY HIGH

1.8810 PHP

YEARLY LOW

1.6301 PHP

YEARLY AVERAGE

1.7448 PHP

2024 TRY to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.8810. Conversely, the yearly low was recorded on September 22, dropping to 1.6301.

This high-to-low spread represents a total annual volatility of 0.2510 PHP. From a start-to-finish perspective, comparing the January average rate of 1.8597 to the December average rate of 1.6692, the exchange rate registered a net change of -10.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.8810 was down 37.02% compared to the 2023 peak of 2.9868, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 94,052 PHP

2023 Average 120,326 PHP

Yearly Trough Low 81,504 PHP

Transaction Impact: A difference of 12,547.69 PHP purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2024 সাল জুড়ে মাসিক গড় ওঠানামা।

1.8812

1.6235

JanuMarcMayJulySeptNove

TRY to PHP 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 1.7960, compared to 1.6936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1024 points.

H1 Avg (Jan–Jun) 1.7960

H2 Avg (Jul–Dec) 1.6936

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1107 PHP (High: 1.7582 / Low: 1.6475). On the other end, November was the most stable month, with a tight range of 0.0314 PHP (High: 1.7210 / Low: 1.6896).

August Spread (Volatile) ±0.1107

November Spread (Stable) ±0.0314

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0854 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0854

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.8597) against the same month in 2023 (average: 2.9250), the exchange rate shifted by -1.0653 (-36.42%).

2024 Avg (January) 1.8597

2023 Avg (January) 2.9250

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	1.8810	1.8492	1.8597
February	1.8452	1.7952	1.8185
March	1.7850	1.7195	1.7440
April	1.7849	1.7421	1.7626
May	1.8154	1.7637	1.7905
June	1.8225	1.7828	1.8008
July	1.8063	1.7581	1.7763
August	1.7582	1.6475	1.6909
September	1.6651	1.6301	1.6449
October	1.7057	1.6435	1.6776
November	1.7210	1.6896	1.7029
December	1.6955	1.6391	1.6692

2024 TRY থেকে PHP-এর ঐতিহাসিক পর্যালোচনা