YEARLY HIGH
0.8879 PHP
YEARLY LOW
0.7463 PHP
YEARLY AVERAGE
0.8133 PHP

2024 AFN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.8879. Conversely, the yearly low was recorded on February 3, dropping to 0.7463.

This high-to-low spread represents a total annual volatility of 0.1415 PHP. From a start-to-finish perspective, comparing the January average rate of 0.7825 to the December average rate of 0.8417, the exchange rate registered a net change of 7.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8879 was up 10.14% compared to the 2023 peak of 0.8061, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,439 PHP
2023 Average 3,389 PHP
Yearly Trough Low 3,732 PHP
Transaction Impact: A difference of 707.57 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8774
0.7555
JanuMarcMayJulySeptNove

AFN 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: JanтАУJun) was 0.7927, compared to 0.8339 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0413 points.

H1 Avg (JanтАУJun) 0.7927
H2 Avg (JulтАУDec) 0.8339

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0682 PHP (High: 0.8879 / Low: 0.8196). On the other end, July was the most stable month, with a tight range of 0.0131 PHP (High: 0.8339 / Low: 0.8208).

October Spread (Volatile) ┬▒0.0682
July Spread (Stable) ┬▒0.0131

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0256 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.8571) against the same month in 2023 (average: 0.7519), the exchange rate shifted by +0.1052 (+14.00%).

2024 Avg (October) 0.8571
2023 Avg (October) 0.7519

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 0.8010 0.7573 0.7825
February 0.7756 0.7463 0.7657
March 0.7945 0.7634 0.7746
April 0.8078 0.7785 0.7946
May 0.8300 0.7890 0.8062
June 0.8427 0.8156 0.8324
July 0.8339 0.8208 0.8264
August 0.8263 0.7912 0.8048
September 0.8252 0.7898 0.8063
October 0.8879 0.8196 0.8571
November 0.8804 0.8553 0.8673
December 0.8638 0.8215 0.8417