YEARLY HIGH
0.1413 HKD
YEARLY LOW
0.1308 HKD
YEARLY AVERAGE
0.1363 HKD

2024 PHP to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.1413. Conversely, the yearly low was recorded on December 18, dropping to 0.1308.

This high-to-low spread represents a total annual volatility of 0.0106 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1397 to the December average rate of 0.1331, the exchange rate registered a net change of -4.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1413 was down 3.35% compared to the 2023 peak of 0.1462, 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 35,332 HKD
2023 Average 35,199 HKD
Yearly Trough Low 32,690 HKD
Transaction Impact: A difference of 2,641.92 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1407
0.1318
JanuMarcMayJulySeptNove

PHP to HKD 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 0.1375, compared to 0.1350 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0024 points.

H1 Avg (JanтАУJun) 0.1375
H2 Avg (JulтАУDec) 0.1350

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0051 HKD (High: 0.1380 / Low: 0.1328). On the other end, June was the most stable month, with a tight range of 0.0012 HKD (High: 0.1337 / Low: 0.1325).

October Spread (Volatile) ┬▒0.0051
June Spread (Stable) ┬▒0.0012

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 0.0038 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1399) against the same month in 2023 (average: 0.1434), the exchange rate shifted by -0.0035 (-2.43%).

2024 Avg (March) 0.1399
2023 Avg (March) 0.1434

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 0.1410 0.1386 0.1397
February 0.1402 0.1388 0.1396
March 0.1413 0.1387 0.1399
April 0.1391 0.1352 0.1373
May 0.1369 0.1334 0.1352
June 0.1337 0.1325 0.1330
July 0.1342 0.1329 0.1336
August 0.1389 0.1340 0.1369
September 0.1403 0.1379 0.1390
October 0.1380 0.1328 0.1352
November 0.1334 0.1318 0.1326
December 0.1346 0.1308 0.1331