YEARLY HIGH
0.3200 MDL
YEARLY LOW
0.2984 MDL
YEARLY AVERAGE
0.3096 MDL

2024 PHP to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.3200. Conversely, the yearly low was recorded on June 4, dropping to 0.2984.

This high-to-low spread represents a total annual volatility of 0.0216 MDL. From a start-to-finish perspective, comparing the January average rate of 0.3149 to the December average rate of 0.3135, the exchange rate registered a net change of -0.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3200 was down 8.94% compared to the 2023 peak of 0.3515, 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 80,012 MDL
2023 Average 81,374 MDL
Yearly Trough Low 74,612 MDL
Transaction Impact: A difference of 5,400.49 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3193
0.3003
JanuMarcMayJulySeptNove

PHP to MDL 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 0.3111, compared to 0.3081 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0030 points.

H1 Avg (JanтАУJun) 0.3111
H2 Avg (JulтАУDec) 0.3081

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0109 MDL (High: 0.3188 / Low: 0.3079). On the other end, July was the most stable month, with a tight range of 0.0033 MDL (High: 0.3044 / Low: 0.3011).

December Spread (Volatile) ┬▒0.0109
July Spread (Stable) ┬▒0.0033

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 April and May, when the average rate fell by 0.0051 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.3178) against the same month in 2023 (average: 0.3422), the exchange rate shifted by -0.0245 (-7.15%).

2024 Avg (February) 0.3178
2023 Avg (February) 0.3422

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 0.3177 0.3113 0.3149
February 0.3200 0.3155 0.3178
March 0.3186 0.3128 0.3158
April 0.3137 0.3052 0.3108
May 0.3096 0.3005 0.3056
June 0.3058 0.2984 0.3018
July 0.3044 0.3011 0.3028
August 0.3122 0.3040 0.3069
September 0.3131 0.3060 0.3101
October 0.3122 0.3044 0.3077
November 0.3117 0.3019 0.3074
December 0.3188 0.3079 0.3135