YEARLY HIGH
17.8029 ARS
YEARLY LOW
14.5088 ARS
YEARLY AVERAGE
15.9653 ARS

2024 PHP to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 17.8029. Conversely, the yearly low was recorded on January 9, dropping to 14.5088.

This high-to-low spread represents a total annual volatility of 3.2941 ARS. From a start-to-finish perspective, comparing the January average rate of 14.6116 to the December average rate of 17.4565, the exchange rate registered a net change of 19.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.8029 was up 21.65% compared to the 2023 peak of 14.6347, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 4,450,732 ARS
2023 Average 1,328,522 ARS
Yearly Trough Low 3,627,199 ARS
Transaction Impact: A difference of 823,532.39 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.7410
14.3271
JanuMarcMayJulySeptNove

PHP to ARS 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 15.1077, compared to 16.8229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7153 points.

H1 Avg (Jan–Jun) 15.1077
H2 Avg (Jul–Dec) 16.8229

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.9686 ARS (High: 16.9210 / Low: 15.9524). On the other end, January was the most stable month, with a tight range of 0.1720 ARS (High: 14.6808 / Low: 14.5088).

August Spread (Volatile) ±0.9686
January Spread (Stable) ±0.1720

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0987 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0987

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 17.4565) against the same month in 2023 (average: 11.3778), the exchange rate shifted by +6.0787 (+53.43%).

2024 Avg (December) 17.4565
2023 Avg (December) 11.3778

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.6808 14.5088 14.6116
February 15.0259 14.7103 14.8893
March 15.3480 15.0274 15.2133
April 15.3577 15.1124 15.2139
May 15.4175 15.1231 15.3257
June 15.5880 15.2273 15.3921
July 15.9254 15.5415 15.7672
August 16.9210 15.9524 16.5121
September 17.3271 16.8627 17.1377
October 17.3424 16.8652 17.0390
November 17.2405 16.8633 17.0250
December 17.8029 17.2000 17.4565