YEARLY HIGH
0.0210 PHP
YEARLY LOW
0.0194 PHP
YEARLY AVERAGE
0.0204 PHP

2024 CDF to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0210. Conversely, the yearly low was recorded on September 19, dropping to 0.0194.

This high-to-low spread represents a total annual volatility of 0.0016 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0206 to the December average rate of 0.0205, the exchange rate registered a net change of -0.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0210 was down 23.39% compared to the 2023 peak of 0.0274, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105 PHP
2023 Average 120 PHP
Yearly Trough Low 97 PHP
Transaction Impact: A difference of 7.83 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0208
0.0196
JanuMarcMayJulySeptNove

CDF 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 0.0205, compared to 0.0202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0205
H2 Avg (Jul–Dec) 0.0202

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0009 PHP (High: 0.0205 / Low: 0.0197). On the other end, February was the most stable month, with a tight range of 0.0003 PHP (High: 0.0205 / Low: 0.0202).

October Spread (Volatile) ±0.0009
February Spread (Stable) ±0.0003

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 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0206) against the same month in 2023 (average: 0.0268), the exchange rate shifted by -0.0063 (-23.32%).

2024 Avg (January) 0.0206
2023 Avg (January) 0.0268

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0210 0.0202 0.0206
February 0.0205 0.0202 0.0203
March 0.0204 0.0199 0.0202
April 0.0207 0.0200 0.0204
May 0.0209 0.0204 0.0207
June 0.0209 0.0205 0.0207
July 0.0207 0.0203 0.0206
August 0.0204 0.0197 0.0200
September 0.0199 0.0194 0.0197
October 0.0205 0.0197 0.0201
November 0.0207 0.0203 0.0205
December 0.0209 0.0202 0.0205