YEARLY HIGH
402.5946 STD
YEARLY LOW
374.8936 STD
YEARLY AVERAGE
389.0742 STD

2024 PHP to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 402.5946. Conversely, the yearly low was recorded on December 18, dropping to 374.8936.

This high-to-low spread represents a total annual volatility of 27.7010 STD. From a start-to-finish perspective, comparing the January average rate of 398.1750 to the December average rate of 381.3862, the exchange rate registered a net change of -4.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 402.5946 was down 5.34% compared to the 2023 peak of 425.3208, 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 100,648,647 STD
2023 Average 101,576,819 STD
Yearly Trough Low 93,723,397 STD
Transaction Impact: A difference of 6,925,250.22 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

400.4523
377.6727
JanuMarcMayJulySeptNove

PHP to STD 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 391.7268, compared to 386.4217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.3052 points.

H1 Avg (Jan–Jun) 391.7268
H2 Avg (Jul–Dec) 386.4217

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 15.1450 STD (High: 396.0153 / Low: 380.8703). On the other end, June was the most stable month, with a tight range of 3.4977 STD (High: 381.4724 / Low: 377.9747).

October Spread (Volatile) ±15.1450
June Spread (Stable) ±3.4977

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 9.9268 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -9.9268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 398.5540) against the same month in 2023 (average: 417.0469), the exchange rate shifted by -18.4930 (-4.43%).

2024 Avg (March) 398.5540
2023 Avg (March) 417.0469

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 402.2131 395.0323 398.1750
February 399.3655 395.3583 397.7360
March 402.5946 395.1480 398.5540
April 396.1068 385.1851 390.6577
May 390.4737 380.4140 385.6672
June 381.4724 377.9747 379.5710
July 382.9080 378.9196 381.0478
August 396.8440 382.0709 391.1175
September 401.0151 394.1484 397.6424
October 396.0153 380.8703 387.7157
November 382.4873 377.2165 379.6204
December 385.4316 374.8936 381.3862