2024 PHP to AED Historical Review

YEARLY HIGH

0.0664 AED

YEARLY LOW

0.0618 AED

YEARLY AVERAGE

0.0641 AED

2024 PHP to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.0664. Conversely, the yearly low was recorded on December 18, dropping to 0.0618.

This high-to-low spread represents a total annual volatility of 0.0046 AED. From a start-to-finish perspective, comparing the January average rate of 0.0656 to the December average rate of 0.0629, the exchange rate registered a net change of -4.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0664 was down 3.04% compared to the 2023 peak of 0.0684, 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 16,591 AED

2023 Average 16,513 AED

Yearly Trough Low 15,450 AED

Transaction Impact: A difference of 1,141.17 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0660

0.0623

JanuMarcMayJulySeptNove

PHP to AED 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 0.0646, compared to 0.0637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0646

H2 Avg (Jul–Dec) 0.0637

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0025 AED (High: 0.0653 / Low: 0.0628). On the other end, June was the most stable month, with a tight range of 0.0006 AED (High: 0.0629 / Low: 0.0623).

October Spread (Volatile) ±0.0025

June Spread (Stable) ±0.0006

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 September and October, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0657) against the same month in 2023 (average: 0.0671), the exchange rate shifted by -0.0014 (-2.11%).

2024 Avg (March) 0.0657

2023 Avg (March) 0.0671

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0663	0.0651	0.0656
February	0.0658	0.0652	0.0656
March	0.0664	0.0651	0.0657
April	0.0653	0.0635	0.0644
May	0.0644	0.0627	0.0636
June	0.0629	0.0623	0.0626
July	0.0631	0.0625	0.0628
August	0.0654	0.0630	0.0645
September	0.0661	0.0650	0.0655
October	0.0653	0.0628	0.0639
November	0.0631	0.0622	0.0626
December	0.0635	0.0618	0.0629