YEARLY HIGH
0.1922 SEK
YEARLY LOW
0.1767 SEK
YEARLY AVERAGE
0.1846 SEK

2024 PHP to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 0.1922. Conversely, the yearly low was recorded on July 6, dropping to 0.1767.

This high-to-low spread represents a total annual volatility of 0.0156 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1849 to the December average rate of 0.1882, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1922 was down 2.48% compared to the 2023 peak of 0.1971, 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 48,060 SEK
2023 Average 47,699 SEK
Yearly Trough Low 44,173 SEK
Transaction Impact: A difference of 3,887.96 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1908
0.1780
JanuMarcMayJulySeptNove

PHP to SEK 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 0.1854, compared to 0.1838 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0016 points.

H1 Avg (JanтАУJun) 0.1854
H2 Avg (JulтАУDec) 0.1838

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0101 SEK (High: 0.1900 / Low: 0.1800). On the other end, August was the most stable month, with a tight range of 0.0038 SEK (High: 0.1842 / Low: 0.1804).

May Spread (Volatile) ┬▒0.0101
August Spread (Stable) ┬▒0.0038

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 May and June, when the average rate fell by 0.0070 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1897) against the same month in 2023 (average: 0.1873), the exchange rate shifted by +0.0024 (+1.29%).

2024 Avg (April) 0.1897
2023 Avg (April) 0.1873

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 0.1879 0.1819 0.1849
February 0.1885 0.1834 0.1863
March 0.1904 0.1833 0.1865
April 0.1922 0.1868 0.1897
May 0.1900 0.1800 0.1861
June 0.1815 0.1769 0.1790
July 0.1851 0.1767 0.1818
August 0.1842 0.1804 0.1824
September 0.1850 0.1798 0.1824
October 0.1842 0.1804 0.1823
November 0.1876 0.1816 0.1855
December 0.1905 0.1853 0.1882