2024 EUR to PHP Historical Review

YEARLY HIGH

64.1019 PHP

YEARLY LOW

60.1416 PHP

YEARLY AVERAGE

61.9878 PHP

2024 EUR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 64.1019. Conversely, the yearly low was recorded on February 13, dropping to 60.1416.

This high-to-low spread represents a total annual volatility of 3.9603 PHP. From a start-to-finish perspective, comparing the January average rate of 61.0546 to the December average rate of 61.1839, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 64.1019 was up 3.30% compared to the 2023 peak of 62.0557, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 320,510 PHP

2023 Average 300,972 PHP

Yearly Trough Low 300,708 PHP

Transaction Impact: A difference of 19,801.66 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

63.7714

60.1735

JanuMarcMayJulySeptNove

EUR 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 61.5196, compared to 62.4559 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9363 points.

H1 Avg (Jan–Jun) 61.5196

H2 Avg (Jul–Dec) 62.4559

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.4307 PHP (High: 63.8333 / Low: 61.4027). On the other end, July was the most stable month, with a tight range of 0.6930 PHP (High: 63.7963 / Low: 63.1033).

November Spread (Volatile) ±2.4307

July Spread (Stable) ±0.6930

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 1.2010 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -1.2010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 63.1765) against the same month in 2023 (average: 60.5190), the exchange rate shifted by +2.6574 (+4.39%).

2024 Avg (June) 63.1765

2023 Avg (June) 60.5190

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	61.6339	60.7270	61.0546
February	60.9763	60.1416	60.4733
March	61.3116	60.4183	60.7776
April	61.9899	60.2742	61.1562
May	63.5343	61.4478	62.4794
June	64.1019	62.6165	63.1765
July	63.7963	63.1033	63.4716
August	63.3422	62.2043	62.8073
September	62.6533	61.8450	62.2570
October	63.4165	61.8026	62.6308
November	63.8333	61.4027	62.3850
December	61.9556	60.2535	61.1839