YEARLY HIGH
0.0038 PHP
YEARLY LOW
0.0006 PHP
YEARLY AVERAGE
0.0011 PHP

2024 LBP to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0038. Conversely, the yearly low was recorded on March 13, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0031 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0037 to the December average rate of 0.0007, the exchange rate registered a net change of -82.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0038 was down 89.83% compared to the 2023 peak of 0.0369, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19 PHP
2023 Average 34 PHP
Yearly Trough Low 3 PHP
Transaction Impact: A difference of 15.67 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0040
0.0003
JanuMarcMayJulySeptNove

LBP 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 0.0015, compared to 0.0006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0015
H2 Avg (Jul–Dec) 0.0006

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0031 PHP (High: 0.0037 / Low: 0.0006). On the other end, July was the most stable month, with a tight range of 0.0000 PHP (High: 0.0007 / Low: 0.0006).

February Spread (Volatile) ±0.0031
July Spread (Stable) ±0.0000

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 February and March, when the average rate fell by 0.0022 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0037) against the same month in 2023 (average: 0.0362), the exchange rate shifted by -0.0325 (-89.73%).

2024 Avg (January) 0.0037
2023 Avg (January) 0.0362

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0038 0.0037 0.0037
February 0.0037 0.0006 0.0029
March 0.0006 0.0006 0.0006
April 0.0006 0.0006 0.0006
May 0.0007 0.0006 0.0006
June 0.0007 0.0007 0.0007
July 0.0007 0.0006 0.0007
August 0.0007 0.0006 0.0006
September 0.0006 0.0006 0.0006
October 0.0007 0.0006 0.0006
November 0.0007 0.0006 0.0007
December 0.0007 0.0006 0.0007