YEARLY HIGH
3.3507 PHP
YEARLY LOW
3.1245 PHP
YEARLY AVERAGE
3.2311 PHP

2024 MDL to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 3.3507. Conversely, the yearly low was recorded on February 21, dropping to 3.1245.

This high-to-low spread represents a total annual volatility of 0.2262 PHP. From a start-to-finish perspective, comparing the January average rate of 3.1758 to the December average rate of 3.1897, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.3507 was up 3.11% compared to the 2023 peak of 3.2496, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,753 PHP
2023 Average 15,378 PHP
Yearly Trough Low 15,623 PHP
Transaction Impact: A difference of 1,130.78 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.3297
3.1306
JanuMarcMayJulySeptNove

MDL 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 3.2156, compared to 3.2465 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0309 points.

H1 Avg (JanтАУJun) 3.2156
H2 Avg (JulтАУDec) 3.2465

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1106 PHP (High: 3.2478 / Low: 3.1372). On the other end, July was the most stable month, with a tight range of 0.0357 PHP (High: 3.3209 / Low: 3.2852).

December Spread (Volatile) ┬▒0.1106
July Spread (Stable) ┬▒0.0357

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0633 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0633

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 3.3131) against the same month in 2023 (average: 3.1183), the exchange rate shifted by +0.1948 (+6.25%).

2024 Avg (June) 3.3131
2023 Avg (June) 3.1183

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

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Month High Low Average
January 3.2128 3.1475 3.1758
February 3.1696 3.1245 3.1472
March 3.1971 3.1392 3.1671
April 3.2767 3.1878 3.2181
May 3.3281 3.2304 3.2723
June 3.3507 3.2701 3.3131
July 3.3209 3.2852 3.3029
August 3.2897 3.2030 3.2586
September 3.2683 3.1944 3.2245
October 3.2853 3.2032 3.2505
November 3.3129 3.2082 3.2530
December 3.2478 3.1372 3.1897