2024 PHP to EUR Historical Review

YEARLY HIGH

0.0166 EUR

YEARLY LOW

0.0156 EUR

YEARLY AVERAGE

0.0161 EUR

2024 PHP to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.0166. Conversely, the yearly low was recorded on June 4, dropping to 0.0156.

This high-to-low spread represents a total annual volatility of 0.0010 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0164 to the December average rate of 0.0163, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0166 was down 3.73% compared to the 2023 peak of 0.0173, 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 4,157 EUR

2023 Average 4,154 EUR

Yearly Trough Low 3,900 EUR

Transaction Impact: A difference of 256.82 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0166

0.0157

JanuMarcMayJulySeptNove

PHP to EUR 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 0.0163, compared to 0.0160 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) 0.0163

H2 Avg (Jul–Dec) 0.0160

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0006 EUR (High: 0.0163 / Low: 0.0157). On the other end, July was the most stable month, with a tight range of 0.0002 EUR (High: 0.0158 / Low: 0.0157).

November Spread (Volatile) ±0.0006

July Spread (Stable) ±0.0002

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 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0165) against the same month in 2023 (average: 0.0170), the exchange rate shifted by -0.0005 (-2.93%).

2024 Avg (February) 0.0165

2023 Avg (February) 0.0170

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0165	0.0162	0.0164
February	0.0166	0.0164	0.0165
March	0.0166	0.0163	0.0165
April	0.0166	0.0161	0.0164
May	0.0163	0.0157	0.0160
June	0.0160	0.0156	0.0158
July	0.0158	0.0157	0.0158
August	0.0161	0.0158	0.0159
September	0.0162	0.0160	0.0161
October	0.0162	0.0158	0.0160
November	0.0163	0.0157	0.0160
December	0.0166	0.0161	0.0163