YEARLY HIGH
0.0307 AZN
YEARLY LOW
0.0286 AZN
YEARLY AVERAGE
0.0297 AZN

2024 PHP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0307. Conversely, the yearly low was recorded on December 18, dropping to 0.0286.

This high-to-low spread represents a total annual volatility of 0.0021 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0304 to the December average rate of 0.0291, the exchange rate registered a net change of -4.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0307 was down 3.01% compared to the 2023 peak of 0.0317, 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 7,681 AZN
2023 Average 7,643 AZN
Yearly Trough Low 7,151 AZN
Transaction Impact: A difference of 530.46 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0306
0.0288
JanuMarcMayJulySeptNove

PHP to AZN 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 0.0299, compared to 0.0295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0299
H2 Avg (Jul–Dec) 0.0295

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0012 AZN (High: 0.0302 / Low: 0.0291). On the other end, June was the most stable month, with a tight range of 0.0003 AZN (High: 0.0291 / Low: 0.0288).

October Spread (Volatile) ±0.0012
June Spread (Stable) ±0.0003

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 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0304) against the same month in 2023 (average: 0.0309), the exchange rate shifted by -0.0006 (-1.82%).

2024 Avg (January) 0.0304
2023 Avg (January) 0.0309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0307 0.0301 0.0304
February 0.0305 0.0302 0.0303
March 0.0307 0.0302 0.0304
April 0.0302 0.0294 0.0298
May 0.0298 0.0290 0.0294
June 0.0291 0.0288 0.0290
July 0.0292 0.0289 0.0291
August 0.0303 0.0292 0.0298
September 0.0306 0.0301 0.0303
October 0.0302 0.0291 0.0296
November 0.0292 0.0288 0.0290
December 0.0294 0.0286 0.0291