YEARLY HIGH
0.0205 PHP
YEARLY LOW
0.0192 PHP
YEARLY AVERAGE
0.0199 PHP

2024 BIF to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 0.0205. Conversely, the yearly low was recorded on September 19, dropping to 0.0192.

This high-to-low spread represents a total annual volatility of 0.0013 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0196 to the December average rate of 0.0198, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0205 was down 24.21% compared to the 2023 peak of 0.0271, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 103 PHP
2023 Average 111 PHP
Yearly Trough Low 96 PHP
Transaction Impact: A difference of 6.69 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0205
0.0193
JanuMarcMayJulySeptNove

BIF 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 0.0199, compared to 0.0199 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0000 points.

H1 Avg (JanтАУJun) 0.0199
H2 Avg (JulтАУDec) 0.0199

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0008 PHP (High: 0.0203 / Low: 0.0194). On the other end, June was the most stable month, with a tight range of 0.0002 PHP (High: 0.0205 / Low: 0.0203).

August Spread (Volatile) ┬▒0.0008
June Spread (Stable) ┬▒0.0002

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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0204) against the same month in 2023 (average: 0.0197), the exchange rate shifted by +0.0007 (+3.46%).

2024 Avg (June) 0.0204
2023 Avg (June) 0.0197

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

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 0.0198 0.0194 0.0196
February 0.0197 0.0195 0.0196
March 0.0198 0.0193 0.0195
April 0.0202 0.0196 0.0199
May 0.0204 0.0199 0.0201
June 0.0205 0.0203 0.0204
July 0.0204 0.0202 0.0203
August 0.0203 0.0194 0.0198
September 0.0196 0.0192 0.0194
October 0.0201 0.0194 0.0198
November 0.0204 0.0198 0.0201
December 0.0201 0.0196 0.0198