YEARLY HIGH
0.2826 GHS
YEARLY LOW
0.2122 GHS
YEARLY AVERAGE
0.2525 GHS

2024 PHP to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.2826. Conversely, the yearly low was recorded on January 9, dropping to 0.2122.

This high-to-low spread represents a total annual volatility of 0.0704 GHS. From a start-to-finish perspective, comparing the January average rate of 0.2152 to the December average rate of 0.2530, the exchange rate registered a net change of 17.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2826 was up 20.43% compared to the 2023 peak of 0.2346, 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 70,641 GHS
2023 Average 52,551 GHS
Yearly Trough Low 53,053 GHS
Transaction Impact: A difference of 17,588.28 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2867
0.2087
JanuMarcMayJulySeptNove

PHP to GHS 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 0.2345, compared to 0.2705 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0360 points.

H1 Avg (JanтАУJun) 0.2345
H2 Avg (JulтАУDec) 0.2705

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0204 GHS (High: 0.2818 / Low: 0.2615). On the other end, April was the most stable month, with a tight range of 0.0050 GHS (High: 0.2381 / Low: 0.2331).

November Spread (Volatile) ┬▒0.0204
April Spread (Stable) ┬▒0.0050

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0202 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2802) against the same month in 2023 (average: 0.2023), the exchange rate shifted by +0.0779 (+38.52%).

2024 Avg (September) 0.2802
2023 Avg (September) 0.2023

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 0.2192 0.2122 0.2152
February 0.2252 0.2198 0.2224
March 0.2359 0.2259 0.2314
April 0.2381 0.2331 0.2357
May 0.2529 0.2374 0.2459
June 0.2612 0.2518 0.2563
July 0.2660 0.2603 0.2638
August 0.2794 0.2665 0.2739
September 0.2826 0.2763 0.2802
October 0.2820 0.2753 0.2786
November 0.2818 0.2615 0.2733
December 0.2620 0.2473 0.2530