YEARLY HIGH
3.3495 PHP
YEARLY LOW
2.9006 PHP
YEARLY AVERAGE
3.1288 PHP

2024 NAD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 3.3495. Conversely, the yearly low was recorded on February 26, dropping to 2.9006.

This high-to-low spread represents a total annual volatility of 0.4489 PHP. From a start-to-finish perspective, comparing the January average rate of 2.9791 to the December average rate of 3.2067, the exchange rate registered a net change of 7.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.3495 was up 1.16% compared to the 2023 peak of 3.3112, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,748 PHP
2023 Average 15,045 PHP
Yearly Trough Low 14,503 PHP
Transaction Impact: A difference of 2,244.50 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.3062
2.9207
JanuMarcMayJulySeptNove

NAD 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 3.0411, compared to 3.2164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1753 points.

H1 Avg (Jan–Jun) 3.0411
H2 Avg (Jul–Dec) 3.2164

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.2190 PHP (High: 3.3053 / Low: 3.0864). On the other end, March was the most stable month, with a tight range of 0.0531 PHP (High: 2.9853 / Low: 2.9323).

December Spread (Volatile) ±0.2190
March Spread (Stable) ±0.0531

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 0.0674 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0674

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 3.2741) against the same month in 2023 (average: 2.9731), the exchange rate shifted by +0.3010 (+10.12%).

2024 Avg (November) 3.2741
2023 Avg (November) 2.9731

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.0221 2.9394 2.9791
February 3.0196 2.9006 2.9528
March 2.9853 2.9323 2.9654
April 3.0841 2.9736 3.0201
May 3.2155 3.0845 3.1429
June 3.2917 3.0868 3.1865
July 3.2542 3.1749 3.2067
August 3.2052 3.1114 3.1596
September 3.2711 3.1269 3.1812
October 3.3071 3.2131 3.2703
November 3.3495 3.2193 3.2741
December 3.3053 3.0864 3.2067