YEARLY HIGH
0.0181 BSD
YEARLY LOW
0.0168 BSD
YEARLY AVERAGE
0.0175 BSD

2024 PHP to BSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to BSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.0181. Conversely, the yearly low was recorded on December 18, dropping to 0.0168.

This high-to-low spread represents a total annual volatility of 0.0012 BSD. From a start-to-finish perspective, comparing the January average rate of 0.0179 to the December average rate of 0.0171, the exchange rate registered a net change of -4.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0181 was down 3.04% compared to the 2023 peak of 0.0186, 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 4,517 BSD
2023 Average 4,496 BSD
Yearly Trough Low 4,206 BSD
Transaction Impact: A difference of 310.80 BSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0180
0.0169
JanuMarcMayJulySeptNove

PHP to BSD 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 0.0176, compared to 0.0173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0176
H2 Avg (Jul–Dec) 0.0173

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0007 BSD (High: 0.0178 / Low: 0.0171). On the other end, June was the most stable month, with a tight range of 0.0002 BSD (High: 0.0171 / Low: 0.0170).

October Spread (Volatile) ±0.0007
June Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0179) against the same month in 2023 (average: 0.0183), the exchange rate shifted by -0.0004 (-2.11%).

2024 Avg (March) 0.0179
2023 Avg (March) 0.0183

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0181 0.0177 0.0179
February 0.0179 0.0177 0.0179
March 0.0181 0.0177 0.0179
April 0.0178 0.0173 0.0175
May 0.0175 0.0171 0.0173
June 0.0171 0.0170 0.0170
July 0.0172 0.0170 0.0171
August 0.0178 0.0171 0.0176
September 0.0180 0.0177 0.0178
October 0.0178 0.0171 0.0174
November 0.0172 0.0169 0.0170
December 0.0173 0.0168 0.0171