2024 PHP to DKK Historical Review

YEARLY HIGH

0.1239 DKK

YEARLY LOW

0.1164 DKK

YEARLY AVERAGE

0.1204 DKK

2024 PHP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.1239. Conversely, the yearly low was recorded on June 4, dropping to 0.1164.

This high-to-low spread represents a total annual volatility of 0.0076 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1222 to the December average rate of 0.1219, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1239 was down 3.59% compared to the 2023 peak of 0.1286, 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 30,985 DKK

2023 Average 30,973 DKK

Yearly Trough Low 29,092 DKK

Transaction Impact: A difference of 1,893.95 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1239

0.1170

JanuMarcMayJulySeptNove

PHP to DKK 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 0.1213, compared to 0.1195 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1213

H2 Avg (Jul–Dec) 0.1195

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0046 DKK (High: 0.1215 / Low: 0.1168). On the other end, July was the most stable month, with a tight range of 0.0011 DKK (High: 0.1182 / Low: 0.1171).

November Spread (Volatile) ±0.0046

July Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0026 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1233) against the same month in 2023 (average: 0.1269), the exchange rate shifted by -0.0036 (-2.84%).

2024 Avg (February) 0.1233

2023 Avg (February) 0.1269

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1228	0.1210	0.1222
February	0.1239	0.1222	0.1233
March	0.1234	0.1216	0.1227
April	0.1239	0.1203	0.1220
May	0.1214	0.1175	0.1194
June	0.1192	0.1164	0.1181
July	0.1182	0.1171	0.1176
August	0.1201	0.1178	0.1188
September	0.1207	0.1190	0.1198
October	0.1207	0.1176	0.1191
November	0.1215	0.1168	0.1196
December	0.1238	0.1204	0.1219

૨૦૨૫ PHP થી DKK ઐતિહાસિક સમીક્ષા