YEARLY HIGH
0.4413 PHP
YEARLY LOW
0.4134 PHP
YEARLY AVERAGE
0.4280 PHP

2024 NPR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 0.4413. Conversely, the yearly low was recorded on January 2, dropping to 0.4134.

This high-to-low spread represents a total annual volatility of 0.0278 PHP. From a start-to-finish perspective, comparing the January average rate of 0.4209 to the December average rate of 0.4300, the exchange rate registered a net change of 2.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4413 was up 2.59% compared to the 2023 peak of 0.4301, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,206 PHP
2023 Average 2,106 PHP
Yearly Trough Low 2,067 PHP
Transaction Impact: A difference of 139.22 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4418
0.4157
JanuMarcMayJulySeptNove

NPR 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 0.4274, compared to 0.4287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.4274
H2 Avg (Jul–Dec) 0.4287

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0184 PHP (High: 0.4364 / Low: 0.4180). On the other end, June was the most stable month, with a tight range of 0.0044 PHP (High: 0.4413 / Low: 0.4369).

August Spread (Volatile) ±0.0184
June Spread (Stable) ±0.0044

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 0.0125 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.4396) against the same month in 2023 (average: 0.4244), the exchange rate shifted by +0.0152 (+3.58%).

2024 Avg (June) 0.4396
2023 Avg (June) 0.4244

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4246 0.4134 0.4209
February 0.4250 0.4191 0.4218
March 0.4241 0.4179 0.4211
April 0.4341 0.4219 0.4277
May 0.4390 0.4275 0.4332
June 0.4413 0.4369 0.4396
July 0.4404 0.4354 0.4373
August 0.4364 0.4180 0.4248
September 0.4217 0.4146 0.4178
October 0.4340 0.4178 0.4273
November 0.4385 0.4307 0.4350
December 0.4371 0.4225 0.4300