2024 FJD to PHP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 FJD to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the FJD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 26.3029. Conversely, the yearly low was recorded on March 18, dropping to 24.5449.
This high-to-low spread represents a total annual volatility of 1.7580 PHP. From a start-to-finish perspective, comparing the January average rate of 25.0568 to the December average rate of 25.3240, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 26.3029 was up 3.08% compared to the 2023 peak of 25.5158, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
FJD to PHP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.2810, compared to 25.6555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3745 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 0.9573 PHP (High: 25.8882 / Low: 24.9309). On the other end, February was the most stable month, with a tight range of 0.3712 PHP (High: 25.0535 / Low: 24.6823).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 0.5735 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2024: 26.0600) against the same month in 2023 (average: 24.7560), the exchange rate shifted by +1.3040 (+5.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.2457 | 24.8524 | 25.0568 |
| February | 25.0535 | 24.6823 | 24.9075 |
| March | 25.0397 | 24.5449 | 24.8306 |
| April | 25.5072 | 24.9245 | 25.1678 |
| May | 26.0883 | 25.1933 | 25.6104 |
| June | 26.2826 | 25.8660 | 26.1128 |
| July | 26.3029 | 25.8275 | 26.0600 |
| August | 25.7875 | 25.2441 | 25.5407 |
| September | 25.7460 | 24.9463 | 25.3800 |
| October | 26.0213 | 25.3287 | 25.7309 |
| November | 26.1170 | 25.6549 | 25.8975 |
| December | 25.8882 | 24.9309 | 25.3240 |