2024 BWP to PHP Historical Review

YEARLY HIGH

4.4052 PHP

YEARLY LOW

4.0560 PHP

YEARLY AVERAGE

4.2260 PHP

2024 BWP to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 4.4052. Conversely, the yearly low was recorded on February 25, dropping to 4.0560.

This high-to-low spread represents a total annual volatility of 0.3492 PHP. From a start-to-finish perspective, comparing the January average rate of 4.1208 to the December average rate of 4.2602, the exchange rate registered a net change of 3.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.4052 was up 0.16% compared to the 2023 peak of 4.3980, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,026 PHP

2023 Average 20,827 PHP

Yearly Trough Low 20,280 PHP

Transaction Impact: A difference of 1,745.80 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4.3597

4.0620

JanuMarcMayJulySeptNove

BWP 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 4.1673, compared to 4.2847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1174 points.

H1 Avg (Jan–Jun) 4.1673

H2 Avg (Jul–Dec) 4.2847

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.2546 PHP (High: 4.3180 / Low: 4.0634). On the other end, March was the most stable month, with a tight range of 0.0505 PHP (High: 4.1177 / Low: 4.0672).

May Spread (Volatile) ±0.2546

March Spread (Stable) ±0.0505

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 0.0748 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0748

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 4.3349) against the same month in 2023 (average: 4.1225), the exchange rate shifted by +0.2124 (+5.15%).

2024 Avg (November) 4.3349

2023 Avg (November) 4.1225

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4.1588	4.0854	4.1208
February	4.1468	4.0560	4.0868
March	4.1177	4.0672	4.0923
April	4.2051	4.0737	4.1482
May	4.3180	4.0634	4.2477
June	4.3724	4.2429	4.3079
July	4.3548	4.2893	4.3162
August	4.3207	4.2095	4.2475
September	4.3172	4.1822	4.2317
October	4.3667	4.2407	4.3173
November	4.4052	4.2836	4.3349
December	4.3534	4.1579	4.2602