YEARLY HIGH
21.2268 PHP
YEARLY LOW
19.7663 PHP
YEARLY AVERAGE
20.4614 PHP

2024 WST to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 21.2268. Conversely, the yearly low was recorded on March 11, dropping to 19.7663.

This high-to-low spread represents a total annual volatility of 1.4605 PHP. From a start-to-finish perspective, comparing the January average rate of 19.9863 to the December average rate of 20.8665, the exchange rate registered a net change of 4.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 21.2268 was up 0.77% compared to the 2023 peak of 21.0647, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 106,134 PHP
2023 Average 101,802 PHP
Yearly Trough Low 98,831 PHP
Transaction Impact: A difference of 7,302.67 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.0651
19.8675
JanuMarcMayJulySeptNove

WST 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 20.3223, compared to 20.6004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2781 points.

H1 Avg (Jan–Jun) 20.3223
H2 Avg (Jul–Dec) 20.6004

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.7990 PHP (High: 20.8937 / Low: 20.0946). On the other end, June was the most stable month, with a tight range of 0.1930 PHP (High: 21.0538 / Low: 20.8607).

October Spread (Volatile) ±0.7990
June Spread (Stable) ±0.1930

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 0.5354 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5354

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 20.8665) against the same month in 2023 (average: 19.8286), the exchange rate shifted by +1.0380 (+5.23%).

2024 Avg (December) 20.8665
2023 Avg (December) 19.8286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.1446 19.7850 19.9863
February 20.1280 19.9261 20.0078
March 20.1387 19.7663 19.9673
April 20.6596 20.0900 20.3721
May 20.9188 20.3798 20.6350
June 21.0538 20.8607 20.9653
July 21.0012 20.7825 20.8841
August 20.8280 20.0527 20.3487
September 20.1898 19.8441 20.0129
October 20.8937 20.0946 20.5276
November 21.0961 20.8054 20.9628
December 21.2268 20.6464 20.8665