YEARLY HIGH
4.4269 PHP
YEARLY LOW
3.8165 PHP
YEARLY AVERAGE
4.1919 PHP

2024 SCR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SCR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 4.4269. Conversely, the yearly low was recorded on October 14, dropping to 3.8165.

This high-to-low spread represents a total annual volatility of 0.6104 PHP. From a start-to-finish perspective, comparing the January average rate of 4.1824 to the December average rate of 4.1420, the exchange rate registered a net change of -0.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.4269 was down 1.10% compared to the 2023 peak of 4.4761, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,134 PHP
2023 Average 20,706 PHP
Yearly Trough Low 19,082 PHP
Transaction Impact: A difference of 3,052.01 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4.2856
4.0982
JanuMarcMayJulySeptNove

SCR 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 4.1897, compared to 4.1941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 4.1897
H2 Avg (Jul–Dec) 4.1941

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.6104 PHP (High: 4.4269 / Low: 3.8165). On the other end, May was the most stable month, with a tight range of 0.1685 PHP (High: 4.3142 / Low: 4.1457).

October Spread (Volatile) ±0.6104
May Spread (Stable) ±0.1685

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 November and December, when the average rate fell by 0.1280 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1280

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 4.1948) against the same month in 2023 (average: 4.2621), the exchange rate shifted by -0.0673 (-1.58%).

2024 Avg (October) 4.1948
2023 Avg (October) 4.2621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.2881 4.0018 4.1824
February 4.2597 4.0496 4.1630
March 4.1889 3.8989 4.1138
April 4.2638 4.0013 4.1974
May 4.3142 4.1457 4.2310
June 4.3326 4.0098 4.2509
July 4.3531 4.1347 4.2390
August 4.3891 3.8579 4.1511
September 4.3640 4.0096 4.1676
October 4.4269 3.8165 4.1948
November 4.3865 4.1080 4.2700
December 4.4145 3.8538 4.1420