YEARLY HIGH
0.2843 PHP
YEARLY LOW
0.2588 PHP
YEARLY AVERAGE
0.2738 PHP

2024 GYD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.2843. Conversely, the yearly low was recorded on March 13, dropping to 0.2588.

This high-to-low spread represents a total annual volatility of 0.0255 PHP. From a start-to-finish perspective, comparing the January average rate of 0.2674 to the December average rate of 0.2794, the exchange rate registered a net change of 4.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2843 was up 3.86% compared to the 2023 peak of 0.2737, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,421 PHP
2023 Average 1,323 PHP
Yearly Trough Low 1,294 PHP
Transaction Impact: A difference of 127.63 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2819
0.2657
JanuMarcMayJulySeptNove

GYD 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 0.2719, compared to 0.2757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.2719
H2 Avg (Jul–Dec) 0.2757

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0120 PHP (High: 0.2707 / Low: 0.2588). On the other end, July was the most stable month, with a tight range of 0.0029 PHP (High: 0.2812 / Low: 0.2783).

March Spread (Volatile) ±0.0120
July Spread (Stable) ±0.0029

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 0.0070 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2794) against the same month in 2023 (average: 0.2650), the exchange rate shifted by +0.0144 (+5.42%).

2024 Avg (December) 0.2794
2023 Avg (December) 0.2650

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2695 0.2638 0.2674
February 0.2695 0.2657 0.2677
March 0.2707 0.2588 0.2671
April 0.2762 0.2688 0.2726
May 0.2797 0.2729 0.2762
June 0.2821 0.2788 0.2806
July 0.2812 0.2783 0.2796
August 0.2795 0.2680 0.2726
September 0.2709 0.2653 0.2678
October 0.2790 0.2681 0.2746
November 0.2827 0.2779 0.2805
December 0.2843 0.2761 0.2794