YEARLY HIGH
0.0037 PHP
YEARLY LOW
0.0035 PHP
YEARLY AVERAGE
0.0036 PHP

2024 IDR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 0.0037. Conversely, the yearly low was recorded on April 16, dropping to 0.0035.

This high-to-low spread represents a total annual volatility of 0.0003 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.0036, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0037 was down 1.29% compared to the 2023 peak of 0.0038, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 37,404 PHP
2023 Average 36,499 PHP
Yearly Trough Low 34,887 PHP
Transaction Impact: A difference of 2,517.62 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0037
0.0035
JanuMarcMayJulySeptNove

IDR 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 0.0036, compared to 0.0036 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0001 points.

H1 Avg (JanтАУJun) 0.0036
H2 Avg (JulтАУDec) 0.0036

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0001 PHP (High: 0.0037 / Low: 0.0036). On the other end, February was the most stable month, with a tight range of 0.0000 PHP (High: 0.0036 / Low: 0.0036).

October Spread (Volatile) ┬▒0.0001
February Spread (Stable) ┬▒0.0000

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0037) against the same month in 2023 (average: 0.0036), the exchange rate shifted by +0.0001 (+3.59%).

2024 Avg (November) 0.0037
2023 Avg (November) 0.0036

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 0.0036 0.0036 0.0036
February 0.0036 0.0036 0.0036
March 0.0036 0.0035 0.0036
April 0.0036 0.0035 0.0035
May 0.0036 0.0036 0.0036
June 0.0036 0.0036 0.0036
July 0.0036 0.0036 0.0036
August 0.0037 0.0036 0.0036
September 0.0037 0.0036 0.0037
October 0.0037 0.0036 0.0037
November 0.0037 0.0037 0.0037
December 0.0037 0.0036 0.0036