YEARLY HIGH
0.0680 ILS
YEARLY LOW
0.0603 ILS
YEARLY AVERAGE
0.0646 ILS

2024 PHP to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.0680. Conversely, the yearly low was recorded on December 18, dropping to 0.0603.

This high-to-low spread represents a total annual volatility of 0.0076 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0663 to the December average rate of 0.0620, the exchange rate registered a net change of -6.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0680 was down 5.23% compared to the 2023 peak of 0.0717, 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 16,989 ILS
2023 Average 16,565 ILS
Yearly Trough Low 15,084 ILS
Transaction Impact: A difference of 1,905.28 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0670
0.0616
JanuMarcMayJulySeptNove

PHP to ILS 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 0.0650, compared to 0.0643 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0007 points.

H1 Avg (JanтАУJun) 0.0650
H2 Avg (JulтАУDec) 0.0643

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0042 ILS (High: 0.0677 / Low: 0.0635). On the other end, June was the most stable month, with a tight range of 0.0019 ILS (High: 0.0645 / Low: 0.0625).

October Spread (Volatile) ┬▒0.0042
June Spread (Stable) ┬▒0.0019

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0666) against the same month in 2023 (average: 0.0672), the exchange rate shifted by -0.0006 (-0.93%).

2024 Avg (September) 0.0666
2023 Avg (September) 0.0672

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 0.0678 0.0647 0.0663
February 0.0660 0.0636 0.0650
March 0.0662 0.0636 0.0650
April 0.0666 0.0646 0.0659
May 0.0653 0.0629 0.0641
June 0.0645 0.0625 0.0636
July 0.0643 0.0618 0.0628
August 0.0663 0.0642 0.0653
September 0.0680 0.0646 0.0666
October 0.0677 0.0635 0.0655
November 0.0643 0.0617 0.0634
December 0.0636 0.0603 0.0620