2024 PHP to MXN Historical Review

YEARLY HIGH

0.3585 MXN

YEARLY LOW

0.2848 MXN

YEARLY AVERAGE

0.3197 MXN

2024 PHP to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.3585. Conversely, the yearly low was recorded on May 20, dropping to 0.2848.

This high-to-low spread represents a total annual volatility of 0.0736 MXN. From a start-to-finish perspective, comparing the January average rate of 0.3048 to the December average rate of 0.3467, the exchange rate registered a net change of 13.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3585 was up 1.26% compared to the 2023 peak of 0.3540, 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 89,619 MXN

2023 Average 79,739 MXN

Yearly Trough Low 71,207 MXN

Transaction Impact: A difference of 18,411.47 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3556

0.2849

JanuMarcMayJulySeptNove

PHP to MXN 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: Jan–Jun) was 0.3009, compared to 0.3385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0376 points.

H1 Avg (Jan–Jun) 0.3009

H2 Avg (Jul–Dec) 0.3385

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0312 MXN (High: 0.3209 / Low: 0.2898). On the other end, February was the most stable month, with a tight range of 0.0032 MXN (High: 0.3067 / Low: 0.3035).

June Spread (Volatile) ±0.0312

February Spread (Stable) ±0.0032

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 September and October, when the average rate fell by 0.0074 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3467) against the same month in 2023 (average: 0.3092), the exchange rate shifted by +0.0375 (+12.12%).

2024 Avg (December) 0.3467

2023 Avg (December) 0.3092

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	0.3077	0.3017	0.3048
February	0.3067	0.3035	0.3051
March	0.3037	0.2944	0.2999
April	0.2989	0.2889	0.2947
May	0.2974	0.2848	0.2908
June	0.3209	0.2898	0.3098
July	0.3202	0.3017	0.3096
August	0.3530	0.3246	0.3362
September	0.3573	0.3421	0.3497
October	0.3483	0.3368	0.3423
November	0.3509	0.3400	0.3462
December	0.3585	0.3410	0.3467

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा