2024 KRW to PHP Historical Review

YEARLY HIGH

0.0433 PHP

YEARLY LOW

0.0393 PHP

YEARLY AVERAGE

0.0420 PHP

2024 KRW to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0433. Conversely, the yearly low was recorded on December 29, dropping to 0.0393.

This high-to-low spread represents a total annual volatility of 0.0040 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0422 to the December average rate of 0.0406, the exchange rate registered a net change of -3.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0433 was down 2.58% compared to the 2023 peak of 0.0444, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 216,290 PHP

2023 Average 212,959 PHP

Yearly Trough Low 196,429 PHP

Transaction Impact: A difference of 19,860.81 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0427

0.0404

JanuMarcMayJulySeptNove

KRW 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 0.0421, compared to 0.0419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0421

H2 Avg (Jul–Dec) 0.0419

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0027 PHP (High: 0.0420 / Low: 0.0393). On the other end, February was the most stable month, with a tight range of 0.0004 PHP (High: 0.0423 / Low: 0.0419).

December Spread (Volatile) ±0.0027

February Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0422) against the same month in 2023 (average: 0.0442), the exchange rate shifted by -0.0020 (-4.44%).

2024 Avg (January) 0.0422

2023 Avg (January) 0.0442

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0433	0.0416	0.0422
February	0.0423	0.0419	0.0420
March	0.0423	0.0416	0.0420
April	0.0421	0.0410	0.0416
May	0.0427	0.0419	0.0424
June	0.0429	0.0422	0.0425
July	0.0427	0.0420	0.0423
August	0.0427	0.0417	0.0422
September	0.0428	0.0417	0.0421
October	0.0425	0.0418	0.0422
November	0.0425	0.0418	0.0421
December	0.0420	0.0393	0.0406