2024 PGK to PHP Historical Review

YEARLY HIGH

15.3065 PHP

YEARLY LOW

13.9745 PHP

YEARLY AVERAGE

14.7238 PHP

2024 PGK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PGK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 15.3065. Conversely, the yearly low was recorded on September 19, dropping to 13.9745.

This high-to-low spread represents a total annual volatility of 1.3320 PHP. From a start-to-finish perspective, comparing the January average rate of 14.9893 to the December average rate of 14.4521, the exchange rate registered a net change of -3.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.3065 was down 4.16% compared to the 2023 peak of 15.9708, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PGK based on timing:

Yearly Peak High 76,533 PHP

2023 Average 77,237 PHP

Yearly Trough Low 69,873 PHP

Transaction Impact: A difference of 6,660.08 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.2064

14.0566

JanuMarcMayJulySeptNove

PGK to PHP 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 14.9156, compared to 14.5320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3836 points.

H1 Avg (Jan–Jun) 14.9156

H2 Avg (Jul–Dec) 14.5320

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.6463 PHP (High: 14.8488 / Low: 14.2025). On the other end, November was the most stable month, with a tight range of 0.2458 PHP (High: 14.7434 / Low: 14.4976).

August Spread (Volatile) ±0.6463

November Spread (Stable) ±0.2458

Growth Streaks & Declines

Trends

Between September and November, 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 July and August, when the average rate fell by 0.4865 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4865

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 15.1106) against the same month in 2023 (average: 15.7071), the exchange rate shifted by -0.5965 (-3.80%).

2024 Avg (June) 15.1106

2023 Avg (June) 15.7071

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.2508	14.6108	14.9893
February	15.0878	14.6409	14.8492
March	15.0206	14.4755	14.7194
April	15.1954	14.7029	14.9270
May	15.0502	14.7613	14.8981
June	15.3065	15.0060	15.1106
July	15.2712	14.8694	14.9980
August	14.8488	14.2025	14.5115
September	14.3234	13.9745	14.1525
October	14.7151	14.0960	14.4795
November	14.7434	14.4976	14.5981
December	14.6721	14.2660	14.4521