YEARLY HIGH
3.2159 DJF
YEARLY LOW
2.9920 DJF
YEARLY AVERAGE
3.1050 DJF

2024 PHP to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 3.2159. Conversely, the yearly low was recorded on December 18, dropping to 2.9920.

This high-to-low spread represents a total annual volatility of 0.2239 DJF. From a start-to-finish perspective, comparing the January average rate of 3.1793 to the December average rate of 3.0443, the exchange rate registered a net change of -4.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.2159 was down 3.96% compared to the 2023 peak of 3.3484, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 803,967 DJF
2023 Average 799,523 DJF
Yearly Trough Low 747,994 DJF
Transaction Impact: A difference of 55,973.65 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.1946
3.0139
JanuMarcMayJulySeptNove

PHP to DJF 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 3.1261, compared to 3.0838 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0424 points.

H1 Avg (JanтАУJun) 3.1261
H2 Avg (JulтАУDec) 3.0838

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1241 DJF (High: 3.1699 / Low: 3.0458). On the other end, July was the most stable month, with a tight range of 0.0366 DJF (High: 3.0567 / Low: 3.0201).

October Spread (Volatile) ┬▒0.1241
July Spread (Stable) ┬▒0.0366

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0806 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 3.1793) against the same month in 2023 (average: 3.2360), the exchange rate shifted by -0.0567 (-1.75%).

2024 Avg (January) 3.1793
2023 Avg (January) 3.2360

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 3.2159 3.1469 3.1793
February 3.2031 3.1588 3.1763
March 3.2111 3.1436 3.1795
April 3.1579 3.0730 3.1174
May 3.1119 3.0248 3.0754
June 3.0498 3.0086 3.0289
July 3.0567 3.0201 3.0410
August 3.1709 3.0481 3.1175
September 3.1993 3.1418 3.1752
October 3.1699 3.0458 3.0946
November 3.0634 3.0090 3.0300
December 3.0800 2.9920 3.0443