YEARLY HIGH
286.6411 IDR
YEARLY LOW
267.3479 IDR
YEARLY AVERAGE
276.9590 IDR

2024 PHP to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 286.6411. Conversely, the yearly low was recorded on November 7, dropping to 267.3479.

This high-to-low spread represents a total annual volatility of 19.2933 IDR. From a start-to-finish perspective, comparing the January average rate of 279.1362 to the December average rate of 274.9971, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 286.6411 was up 0.72% compared to the 2023 peak of 284.5993, 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 71,660,285 IDR
2023 Average 68,519,227 IDR
Yearly Trough Low 66,836,966 IDR
Transaction Impact: A difference of 4,823,318.58 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

283.6337
268.6271
JanuMarcMayJulySeptNove

PHP to IDR 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 279.8352, compared to 274.0828 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 5.7524 points.

H1 Avg (JanтАУJun) 279.8352
H2 Avg (JulтАУDec) 274.0828

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 9.7921 IDR (High: 278.2087 / Low: 268.4166). On the other end, February was the most stable month, with a tight range of 2.3960 IDR (High: 280.9833 / Low: 278.5873).

October Spread (Volatile) ┬▒9.7921
February Spread (Stable) ┬▒2.3960

Growth Streaks & Declines

Trends

Between January and April, 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 4.3356 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.3356

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 282.3831) against the same month in 2023 (average: 269.1939), the exchange rate shifted by +13.1893 (+4.90%).

2024 Avg (April) 282.3831
2023 Avg (April) 269.1939

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 280.8409 276.9167 279.1362
February 280.9833 278.5873 279.5975
March 282.8248 279.7918 281.1113
April 286.6411 280.4638 282.3831
May 281.4858 275.2593 278.0476
June 280.8603 276.3634 278.7353
July 279.2281 275.8703 277.8851
August 280.4349 273.1745 276.5528
September 276.2247 269.6231 273.6106
October 278.2087 268.4166 271.5734
November 271.5507 267.3479 269.8776
December 279.6708 270.2407 274.9971