YEARLY HIGH
0.0241 BND
YEARLY LOW
0.0225 BND
YEARLY AVERAGE
0.0233 BND

2024 PHP to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.0241. Conversely, the yearly low was recorded on November 4, dropping to 0.0225.

This high-to-low spread represents a total annual volatility of 0.0016 BND. From a start-to-finish perspective, comparing the January average rate of 0.0239 to the December average rate of 0.0231, the exchange rate registered a net change of -3.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0241 was down 2.32% compared to the 2023 peak of 0.0247, 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 6,030 BND
2023 Average 6,035 BND
Yearly Trough Low 5,630 BND
Transaction Impact: A difference of 399.48 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0241
0.0226
JanuMarcMayJulySeptNove

PHP to BND 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 0.0237, compared to 0.0230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0237
H2 Avg (Jul–Dec) 0.0230

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0008 BND (High: 0.0235 / Low: 0.0227). On the other end, July was the most stable month, with a tight range of 0.0003 BND (High: 0.0232 / Low: 0.0229).

December Spread (Volatile) ±0.0008
July Spread (Stable) ±0.0003

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 April and May, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0240) against the same month in 2023 (average: 0.0243), the exchange rate shifted by -0.0003 (-1.15%).

2024 Avg (February) 0.0240
2023 Avg (February) 0.0243

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0241 0.0237 0.0239
February 0.0241 0.0238 0.0240
March 0.0241 0.0238 0.0240
April 0.0240 0.0235 0.0238
May 0.0238 0.0231 0.0234
June 0.0232 0.0229 0.0230
July 0.0232 0.0229 0.0230
August 0.0233 0.0228 0.0231
September 0.0233 0.0228 0.0231
October 0.0231 0.0226 0.0228
November 0.0229 0.0225 0.0228
December 0.0235 0.0227 0.0231