YEARLY HIGH
1.0826 DOP
YEARLY LOW
1.0011 DOP
YEARLY AVERAGE
1.0378 DOP

2024 PHP to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 1.0826. Conversely, the yearly low was recorded on June 22, dropping to 1.0011.

This high-to-low spread represents a total annual volatility of 0.0815 DOP. From a start-to-finish perspective, comparing the January average rate of 1.0471 to the December average rate of 1.0389, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0826 was up 1.64% compared to the 2023 peak of 1.0651, 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 270,648 DOP
2023 Average 251,716 DOP
Yearly Trough Low 250,277 DOP
Transaction Impact: A difference of 20,371.58 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0771
1.0032
JanuMarcMayJulySeptNove

PHP to DOP 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 1.0346, compared to 1.0409 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0063 points.

H1 Avg (JanтАУJun) 1.0346
H2 Avg (JulтАУDec) 1.0409

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0454 DOP (High: 1.0641 / Low: 1.0187). On the other end, July was the most stable month, with a tight range of 0.0123 DOP (High: 1.0170 / Low: 1.0047).

August Spread (Volatile) ┬▒0.0454
July Spread (Stable) ┬▒0.0123

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 April and May, when the average rate fell by 0.0239 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1.0709) against the same month in 2023 (average: 0.9994), the exchange rate shifted by +0.0716 (+7.16%).

2024 Avg (September) 1.0709
2023 Avg (September) 0.9994

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 1.0566 1.0402 1.0471
February 1.0532 1.0409 1.0478
March 1.0672 1.0432 1.0555
April 1.0541 1.0117 1.0359
May 1.0184 1.0058 1.0120
June 1.0172 1.0011 1.0093
July 1.0170 1.0047 1.0115
August 1.0641 1.0187 1.0463
September 1.0826 1.0553 1.0709
October 1.0757 1.0315 1.0498
November 1.0359 1.0214 1.0281
December 1.0517 1.0236 1.0389