YEARLY HIGH
0.3342 PHP
YEARLY LOW
0.3110 PHP
YEARLY AVERAGE
0.3222 PHP

2024 DJF to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.3342. Conversely, the yearly low was recorded on January 5, dropping to 0.3110.

This high-to-low spread represents a total annual volatility of 0.0233 PHP. From a start-to-finish perspective, comparing the January average rate of 0.3145 to the December average rate of 0.3285, the exchange rate registered a net change of 4.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3342 was up 3.93% compared to the 2023 peak of 0.3216, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,671 PHP
2023 Average 1,564 PHP
Yearly Trough Low 1,555 PHP
Transaction Impact: A difference of 116.35 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3317
0.3130
JanuMarcMayJulySeptNove

DJF 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 0.3200, compared to 0.3244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.3200
H2 Avg (Jul–Dec) 0.3244

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0129 PHP (High: 0.3283 / Low: 0.3155). On the other end, July was the most stable month, with a tight range of 0.0040 PHP (High: 0.3311 / Low: 0.3271).

October Spread (Volatile) ±0.0129
July Spread (Stable) ±0.0040

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 0.0080 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3285) against the same month in 2023 (average: 0.3117), the exchange rate shifted by +0.0168 (+5.38%).

2024 Avg (December) 0.3285
2023 Avg (December) 0.3117

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3178 0.3110 0.3145
February 0.3166 0.3122 0.3148
March 0.3181 0.3114 0.3145
April 0.3254 0.3167 0.3208
May 0.3306 0.3213 0.3252
June 0.3324 0.3279 0.3302
July 0.3311 0.3271 0.3288
August 0.3281 0.3154 0.3208
September 0.3183 0.3126 0.3150
October 0.3283 0.3155 0.3232
November 0.3323 0.3264 0.3300
December 0.3342 0.3247 0.3285