2024 GMD to PHP Historical Review

YEARLY HIGH

0.8701 PHP

YEARLY LOW

0.7900 PHP

YEARLY AVERAGE

0.8328 PHP

2024 GMD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 26, valuing the pair at 0.8701. Conversely, the yearly low was recorded on September 12, dropping to 0.7900.

This high-to-low spread represents a total annual volatility of 0.0802 PHP. From a start-to-finish perspective, comparing the January average rate of 0.8316 to the December average rate of 0.8136, the exchange rate registered a net change of -2.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8701 was down 8.04% compared to the 2023 peak of 0.9461, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,351 PHP

2023 Average 4,471 PHP

Yearly Trough Low 3,950 PHP

Transaction Impact: A difference of 400.77 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8724

0.7995

JanuMarcMayJulySeptNove

GMD 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 0.8404, compared to 0.8253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.8404

H2 Avg (Jul–Dec) 0.8253

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0529 PHP (High: 0.8452 / Low: 0.7923). On the other end, June was the most stable month, with a tight range of 0.0083 PHP (High: 0.8701 / Low: 0.8618).

August Spread (Volatile) ±0.0529

June Spread (Stable) ±0.0083

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 0.0462 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0462

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.8663) against the same month in 2023 (average: 0.9383), the exchange rate shifted by -0.0720 (-7.67%).

2024 Avg (June) 0.8663

2023 Avg (June) 0.9383

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8375	0.8227	0.8316
February	0.8362	0.8239	0.8287
March	0.8305	0.8142	0.8230
April	0.8535	0.8291	0.8401
May	0.8642	0.8423	0.8525
June	0.8701	0.8618	0.8663
July	0.8679	0.8409	0.8621
August	0.8452	0.7923	0.8159
September	0.8189	0.7900	0.8056
October	0.8440	0.8038	0.8297
November	0.8352	0.8148	0.8250
December	0.8273	0.8042	0.8136

૨૦૨૫ GMD થી PHP ઐતિહાસિક સમીક્ષા