YEARLY HIGH
25.4544 KRW
YEARLY LOW
23.1171 KRW
YEARLY AVERAGE
23.8037 KRW

2024 PHP to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 25.4544. Conversely, the yearly low was recorded on January 1, dropping to 23.1171.

This high-to-low spread represents a total annual volatility of 2.3373 KRW. From a start-to-finish perspective, comparing the January average rate of 23.6715 to the December average rate of 24.6610, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 25.4544 was up 5.10% compared to the 2023 peak of 24.2198, 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 6,363,607 KRW
2023 Average 5,871,336 KRW
Yearly Trough Low 5,779,270 KRW
Transaction Impact: A difference of 584,336.97 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

24.7737
23.4214
JanuMarcMayJulySeptNove

PHP to KRW 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 23.7413, compared to 23.8661 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1248 points.

H1 Avg (JanтАУJun) 23.7413
H2 Avg (JulтАУDec) 23.8661

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1.6440 KRW (High: 25.4544 / Low: 23.8105). On the other end, February was the most stable month, with a tight range of 0.2463 KRW (High: 23.8819 / Low: 23.6356).

December Spread (Volatile) ┬▒1.6440
February Spread (Stable) ┬▒0.2463

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 0.4114 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 24.6610) against the same month in 2023 (average: 23.4410), the exchange rate shifted by +1.2201 (+5.20%).

2024 Avg (December) 24.6610
2023 Avg (December) 23.4410

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 24.0361 23.1171 23.6715
February 23.8819 23.6356 23.7854
March 24.0342 23.6336 23.8334
April 24.4193 23.7612 24.0174
May 23.8765 23.4137 23.6060
June 23.6861 23.2921 23.5341
July 23.8222 23.4226 23.6401
August 23.9986 23.4406 23.6964
September 23.9648 23.3586 23.7367
October 23.9126 23.5308 23.6956
November 23.9467 23.5023 23.7666
December 25.4544 23.8105 24.6610