YEARLY HIGH
0.3284 PHP
YEARLY LOW
0.2782 PHP
YEARLY AVERAGE
0.2996 PHP

2024 LRD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.3284. Conversely, the yearly low was recorded on September 20, dropping to 0.2782.

This high-to-low spread represents a total annual volatility of 0.0502 PHP. From a start-to-finish perspective, comparing the January average rate of 0.2959 to the December average rate of 0.3236, the exchange rate registered a net change of 9.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3284 was down 9.34% compared to the 2023 peak of 0.3622, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,642 PHP
2023 Average 1,600 PHP
Yearly Trough Low 1,391 PHP
Transaction Impact: A difference of 250.86 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3273
0.2828
JanuMarcMayJulySeptNove

LRD 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 0.2962, compared to 0.3029 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0066 points.

H1 Avg (JanтАУJun) 0.2962
H2 Avg (JulтАУDec) 0.3029

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0242 PHP (High: 0.3281 / Low: 0.3039). On the other end, June was the most stable month, with a tight range of 0.0035 PHP (High: 0.3038 / Low: 0.3004).

November Spread (Volatile) ┬▒0.0242
June Spread (Stable) ┬▒0.0035

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 0.0087 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3236) against the same month in 2023 (average: 0.2950), the exchange rate shifted by +0.0286 (+9.70%).

2024 Avg (December) 0.3236
2023 Avg (December) 0.2950

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 0.2977 0.2939 0.2959
February 0.2965 0.2926 0.2941
March 0.2927 0.2875 0.2905
April 0.3048 0.2916 0.2960
May 0.3023 0.2950 0.2985
June 0.3038 0.3004 0.3025
July 0.3024 0.2982 0.3000
August 0.2984 0.2878 0.2914
September 0.2901 0.2782 0.2865
October 0.3040 0.2905 0.2983
November 0.3281 0.3039 0.3175
December 0.3284 0.3164 0.3236