YEARLY HIGH
76.6706 COP
YEARLY LOW
65.4222 COP
YEARLY AVERAGE
71.0705 COP

2024 PHP to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 76.6706. Conversely, the yearly low was recorded on June 4, dropping to 65.4222.

This high-to-low spread represents a total annual volatility of 11.2485 COP. From a start-to-finish perspective, comparing the January average rate of 70.0425 to the December average rate of 75.1724, the exchange rate registered a net change of 7.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 76.6706 was down 14.98% compared to the 2023 peak of 90.1828, 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 19,167,661 COP
2023 Average 19,443,213 COP
Yearly Trough Low 16,355,545 COP
Transaction Impact: A difference of 2,812,115.72 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

76.0010
66.0580
JanuMarcMayJulySeptNove

PHP to COP 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 68.9340, compared to 73.2069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2729 points.

H1 Avg (Jan–Jun) 68.9340
H2 Avg (Jul–Dec) 73.2069

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 6.1153 COP (High: 71.5374 / Low: 65.4222). On the other end, February was the most stable month, with a tight range of 1.2391 COP (High: 70.7284 / Low: 69.4893).

June Spread (Volatile) ±6.1153
February Spread (Stable) ±1.2391

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 March and April, when the average rate fell by 1.9696 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.9696

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 75.0616) against the same month in 2023 (average: 72.3397), the exchange rate shifted by +2.7219 (+3.76%).

2024 Avg (November) 75.0616
2023 Avg (November) 72.3397

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 71.0943 69.1646 70.0425
February 70.7284 69.4893 70.1176
March 70.7991 68.5736 69.7276
April 68.9818 66.4540 67.7580
May 68.1761 65.7182 66.8866
June 71.5374 65.4222 69.0717
July 70.4301 67.6006 69.0681
August 73.3915 69.4339 71.1986
September 76.4610 73.5290 74.6683
October 75.7254 72.9591 74.0726
November 76.6706 74.0426 75.0616
December 76.5200 73.2480 75.1724