YEARLY HIGH
1.0308 PHP
YEARLY LOW
0.4532 PHP
YEARLY AVERAGE
0.7890 PHP

2024 ETB to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 1.0308. Conversely, the yearly low was recorded on December 29, dropping to 0.4532.

This high-to-low spread represents a total annual volatility of 0.5776 PHP. From a start-to-finish perspective, comparing the January average rate of 0.9918 to the December average rate of 0.4614, the exchange rate registered a net change of -53.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0308 was down 1.23% compared to the 2023 peak of 1.0436, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,154 PHP
2023 Average 5,080 PHP
Yearly Trough Low 2,266 PHP
Transaction Impact: A difference of 2,887.92 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0768
0.4054
JanuMarcMayJulySeptNove

ETB 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 0.9996, compared to 0.5785 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.4211 points.

H1 Avg (JanтАУJun) 0.9996
H2 Avg (JulтАУDec) 0.5785

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.2501 PHP (High: 1.0250 / Low: 0.7749). On the other end, June was the most stable month, with a tight range of 0.0195 PHP (High: 1.0308 / Low: 1.0113).

July Spread (Volatile) ┬▒0.2501
June Spread (Stable) ┬▒0.0195

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 0.4447 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 1.0209) against the same month in 2023 (average: 1.0225), the exchange rate shifted by -0.0017 (-0.16%).

2024 Avg (June) 1.0209
2023 Avg (June) 1.0225

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 1.0024 0.9809 0.9918
February 1.0016 0.9820 0.9894
March 1.0011 0.9746 0.9855
April 1.0155 0.9891 1.0024
May 1.0203 0.9969 1.0078
June 1.0308 1.0113 1.0209
July 1.0250 0.7749 1.0061
August 0.7400 0.4992 0.5614
September 0.5096 0.4670 0.4856
October 0.4864 0.4661 0.4775
November 0.4881 0.4643 0.4788
December 0.4740 0.4532 0.4614