2024 ZAR to PHP Historical Review

YEARLY HIGH

3.3665 PHP

YEARLY LOW

2.8967 PHP

YEARLY AVERAGE

3.1280 PHP

2024 ZAR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 3.3665. Conversely, the yearly low was recorded on February 25, dropping to 2.8967.

This high-to-low spread represents a total annual volatility of 0.4697 PHP. From a start-to-finish perspective, comparing the January average rate of 2.9847 to the December average rate of 3.2040, the exchange rate registered a net change of 7.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.3665 was up 1.56% compared to the 2023 peak of 3.3147, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168,323 PHP

2023 Average 150,827 PHP

Yearly Trough Low 144,836 PHP

Transaction Impact: A difference of 23,487.42 PHP purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2024 সাল জুড়ে মাসিক গড় ওঠানামা।

3.3034

2.9129

JanuMarcMayJulySeptNove

ZAR 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 3.0407, compared to 3.2152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1745 points.

H1 Avg (Jan–Jun) 3.0407

H2 Avg (Jul–Dec) 3.2152

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.2231 PHP (High: 3.3034 / Low: 3.0802). On the other end, March was the most stable month, with a tight range of 0.0621 PHP (High: 2.9986 / Low: 2.9365).

December Spread (Volatile) ±0.2231

March Spread (Stable) ±0.0621

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0648 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0648

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 3.2688) against the same month in 2023 (average: 3.0062), the exchange rate shifted by +0.2626 (+8.73%).

2024 Avg (November) 3.2688

2023 Avg (November) 3.0062

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	3.0499	2.9317	2.9847
February	3.0138	2.8967	2.9455
March	2.9986	2.9365	2.9650
April	3.0939	2.9677	3.0206
May	3.2204	3.0811	3.1386
June	3.2780	3.0909	3.1901
July	3.2535	3.1606	3.2080
August	3.2015	3.0560	3.1543
September	3.2801	3.1326	3.1855
October	3.3114	3.2212	3.2709
November	3.3665	3.2104	3.2688
December	3.3034	3.0802	3.2040

2024 ZAR থেকে PHP-এর ঐতিহাসিক পর্যালোচনা