2024 PHP to BTN Historical Review

YEARLY HIGH

1.5118 BTN

YEARLY LOW

1.4164 BTN

YEARLY AVERAGE

1.4606 BTN

2024 PHP to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.5118. Conversely, the yearly low was recorded on June 22, dropping to 1.4164.

This high-to-low spread represents a total annual volatility of 0.0954 BTN. From a start-to-finish perspective, comparing the January average rate of 1.4850 to the December average rate of 1.4541, the exchange rate registered a net change of -2.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.5118 was down 1.77% compared to the 2023 peak of 1.5390, 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 377,950 BTN

2023 Average 371,106 BTN

Yearly Trough Low 354,101 BTN

Transaction Impact: A difference of 23,849.01 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.5031

1.4147

JanuMarcMayJulySeptNove

PHP to BTN 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 1.4628, compared to 1.4584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 1.4628

H2 Avg (Jul–Dec) 1.4584

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0631 BTN (High: 1.4952 / Low: 1.4321). On the other end, June was the most stable month, with a tight range of 0.0141 BTN (High: 1.4305 / Low: 1.4164).

August Spread (Volatile) ±0.0631

June Spread (Stable) ±0.0141

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 0.0327 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0327

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.4850) against the same month in 2023 (average: 1.4895), the exchange rate shifted by -0.0045 (-0.30%).

2024 Avg (January) 1.4850

2023 Avg (January) 1.4895

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5118	1.4721	1.4850
February	1.4912	1.4707	1.4814
March	1.4955	1.4738	1.4842
April	1.4812	1.4397	1.4613
May	1.4618	1.4236	1.4427
June	1.4305	1.4164	1.4220
July	1.4354	1.4193	1.4291
August	1.4952	1.4321	1.4713
September	1.5074	1.4822	1.4957
October	1.4959	1.4402	1.4630
November	1.4512	1.4253	1.4370
December	1.4794	1.4299	1.4541