2024 PHP to CAD Historical Review

YEARLY HIGH

0.0249 CAD

YEARLY LOW

0.0232 CAD

YEARLY AVERAGE

0.0239 CAD

2024 PHP to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0249. Conversely, the yearly low was recorded on June 4, dropping to 0.0232.

This high-to-low spread represents a total annual volatility of 0.0017 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0240 to the December average rate of 0.0244, the exchange rate registered a net change of 1.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0249 was down 2.10% compared to the 2023 peak of 0.0254, 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 6,224 CAD

2023 Average 6,070 CAD

Yearly Trough Low 5,804 CAD

Transaction Impact: A difference of 419.62 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0245

0.0232

JanuMarcMayJulySeptNove

PHP to CAD 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 0.0239, compared to 0.0240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0239

H2 Avg (Jul–Dec) 0.0240

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0010 CAD (High: 0.0249 / Low: 0.0239). On the other end, June was the most stable month, with a tight range of 0.0003 CAD (High: 0.0235 / Low: 0.0232).

December Spread (Volatile) ±0.0010

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 April and May, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0244) against the same month in 2023 (average: 0.0242), the exchange rate shifted by +0.0003 (+1.06%).

2024 Avg (December) 0.0244

2023 Avg (December) 0.0242

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0242	0.0238	0.0240
February	0.0242	0.0239	0.0241
March	0.0244	0.0240	0.0242
April	0.0244	0.0236	0.0240
May	0.0240	0.0233	0.0237
June	0.0235	0.0232	0.0233
July	0.0237	0.0232	0.0235
August	0.0241	0.0238	0.0240
September	0.0244	0.0239	0.0242
October	0.0241	0.0238	0.0239
November	0.0240	0.0236	0.0238
December	0.0249	0.0239	0.0244