2024 BND to PHP Historical Review

YEARLY HIGH

44.4018 PHP

YEARLY LOW

41.4602 PHP

YEARLY AVERAGE

42.8802 PHP

2024 BND to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 44.4018. Conversely, the yearly low was recorded on February 15, dropping to 41.4602.

This high-to-low spread represents a total annual volatility of 2.9416 PHP. From a start-to-finish perspective, comparing the January average rate of 41.9176 to the December average rate of 43.2793, the exchange rate registered a net change of 3.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 44.4018 was up 5.11% compared to the 2023 peak of 42.2441, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BND based on timing:

Yearly Peak High 222,009 PHP

2023 Average 207,131 PHP

Yearly Trough Low 207,301 PHP

Transaction Impact: A difference of 14,707.96 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

44.1533

41.4366

JanuMarcMayJulySeptNove

BND 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 42.2545, compared to 43.5060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2515 points.

H1 Avg (Jan–Jun) 42.2545

H2 Avg (Jul–Dec) 43.5060

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.4346 PHP (High: 43.9988 / Low: 42.5642). On the other end, March was the most stable month, with a tight range of 0.4523 PHP (High: 41.9698 / Low: 41.5175).

December Spread (Volatile) ±1.4346

March Spread (Stable) ±0.4523

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 0.6476 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.6476

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 43.9269) against the same month in 2023 (average: 41.3227), the exchange rate shifted by +2.6042 (+6.30%).

2024 Avg (November) 43.9269

2023 Avg (November) 41.3227

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.1966	41.5339	41.9176
February	42.0525	41.4602	41.6630
March	41.9698	41.5175	41.7060
April	42.5212	41.6388	42.0610
May	43.3428	42.0748	42.7594
June	43.7182	43.0960	43.4199
July	43.6640	43.1904	43.4359
August	43.9141	42.9876	43.3048
September	43.8733	42.8385	43.2236
October	44.2047	43.2157	43.8652
November	44.4018	43.6767	43.9269
December	43.9988	42.5642	43.2793