2024 PHP to FJD Historical Review

YEARLY HIGH

0.0407 FJD

YEARLY LOW

0.0380 FJD

YEARLY AVERAGE

0.0393 FJD

2024 PHP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0407. Conversely, the yearly low was recorded on July 13, dropping to 0.0380.

This high-to-low spread represents a total annual volatility of 0.0027 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0399 to the December average rate of 0.0395, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0407 was down 1.39% compared to the 2023 peak of 0.0413, 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 10,185 FJD

2023 Average 10,023 FJD

Yearly Trough Low 9,505 FJD

Transaction Impact: A difference of 680.77 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0405

0.0381

JanuMarcMayJulySeptNove

PHP to FJD 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 0.0396, compared to 0.0390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0396

H2 Avg (Jul–Dec) 0.0390

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0015 FJD (High: 0.0401 / Low: 0.0386). On the other end, February was the most stable month, with a tight range of 0.0006 FJD (High: 0.0405 / Low: 0.0399).

December Spread (Volatile) ±0.0015

February Spread (Stable) ±0.0006

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 May and June, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0403) against the same month in 2023 (average: 0.0405), the exchange rate shifted by -0.0003 (-0.63%).

2024 Avg (March) 0.0403

2023 Avg (March) 0.0405

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0402	0.0396	0.0399
February	0.0405	0.0399	0.0401
March	0.0407	0.0399	0.0403
April	0.0401	0.0392	0.0397
May	0.0397	0.0383	0.0391
June	0.0387	0.0380	0.0383
July	0.0387	0.0380	0.0384
August	0.0396	0.0388	0.0392
September	0.0401	0.0388	0.0394
October	0.0395	0.0384	0.0389
November	0.0390	0.0383	0.0386
December	0.0401	0.0386	0.0395