YEARLY HIGH
7.6477 PHP
YEARLY LOW
7.0758 PHP
YEARLY AVERAGE
7.3425 PHP

2024 HKD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 7.6477. Conversely, the yearly low was recorded on March 11, dropping to 7.0758.

This high-to-low spread represents a total annual volatility of 0.5719 PHP. From a start-to-finish perspective, comparing the January average rate of 7.1594 to the December average rate of 7.5159, the exchange rate registered a net change of 4.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 7.6477 was up 4.45% compared to the 2023 peak of 7.3216, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 191,192 PHP
2023 Average 177,601 PHP
Yearly Trough Low 176,895 PHP
Transaction Impact: A difference of 14,296.33 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

7.5842
7.1063
JanuMarcMayJulySeptNove

HKD 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 7.2775, compared to 7.4075 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1300 points.

H1 Avg (JanтАУJun) 7.2775
H2 Avg (JulтАУDec) 7.4075

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.2803 PHP (High: 7.5283 / Low: 7.2480). On the other end, June was the most stable month, with a tight range of 0.0696 PHP (High: 7.5493 / Low: 7.4797).

October Spread (Volatile) ┬▒0.2803
June Spread (Stable) ┬▒0.0696

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 0.1800 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1800

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 7.5159) against the same month in 2023 (average: 7.1093), the exchange rate shifted by +0.4067 (+5.72%).

2024 Avg (December) 7.5159
2023 Avg (December) 7.1093

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 7.2159 7.0929 7.1594
February 7.2054 7.1325 7.1624
March 7.2080 7.0758 7.1462
April 7.3939 7.1883 7.2841
May 7.4962 7.3039 7.3969
June 7.5493 7.4797 7.5161
July 7.5258 7.4537 7.4875
August 7.4631 7.2013 7.3075
September 7.2515 7.1289 7.1922
October 7.5283 7.2480 7.3977
November 7.5896 7.4964 7.5444
December 7.6477 7.4288 7.5159