2024 GNF to PHP Historical Review

YEARLY HIGH

0.0069 PHP

YEARLY LOW

0.0064 PHP

YEARLY AVERAGE

0.0067 PHP

2024 GNF to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0069. Conversely, the yearly low was recorded on September 19, dropping to 0.0064.

This high-to-low spread represents a total annual volatility of 0.0005 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0068, the exchange rate registered a net change of 3.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0069 was up 3.47% compared to the 2023 peak of 0.0066, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34 PHP

2023 Average 32 PHP

Yearly Trough Low 32 PHP

Transaction Impact: A difference of 2.29 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0069

0.0065

JanuMarcMayJulySeptNove

GNF 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 0.0066, compared to 0.0067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0066

H2 Avg (Jul–Dec) 0.0067

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0003 PHP (High: 0.0068 / Low: 0.0065). On the other end, February was the most stable month, with a tight range of 0.0001 PHP (High: 0.0065 / Low: 0.0065).

October Spread (Volatile) ±0.0003

February Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0068) against the same month in 2023 (average: 0.0065), the exchange rate shifted by +0.0003 (+4.89%).

2024 Avg (December) 0.0068

2023 Avg (December) 0.0065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0066	0.0064	0.0065
February	0.0065	0.0065	0.0065
March	0.0066	0.0064	0.0065
April	0.0067	0.0065	0.0066
May	0.0068	0.0066	0.0067
June	0.0069	0.0068	0.0068
July	0.0068	0.0067	0.0068
August	0.0068	0.0065	0.0066
September	0.0066	0.0064	0.0065
October	0.0068	0.0065	0.0067
November	0.0069	0.0067	0.0068
December	0.0069	0.0067	0.0068