YEARLY HIGH
0.0143 GBP
YEARLY LOW
0.0131 GBP
YEARLY AVERAGE
0.0137 GBP

2024 PHP to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0143. Conversely, the yearly low was recorded on November 5, dropping to 0.0131.

This high-to-low spread represents a total annual volatility of 0.0011 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0141 to the December average rate of 0.0135, the exchange rate registered a net change of -3.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0143 was down 7.88% compared to the 2023 peak of 0.0155, 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 3,563 GBP
2023 Average 3,616 GBP
Yearly Trough Low 3,283 GBP
Transaction Impact: A difference of 280.09 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0142
0.0132
JanuMarcMayJulySeptNove

PHP to GBP 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 0.0139, compared to 0.0134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0139
H2 Avg (Jul–Dec) 0.0134

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0006 GBP (High: 0.0140 / Low: 0.0134). On the other end, March was the most stable month, with a tight range of 0.0002 GBP (High: 0.0141 / Low: 0.0139).

May Spread (Volatile) ±0.0006
March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between October and December, 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 (January 2024: 0.0141) against the same month in 2023 (average: 0.0149), the exchange rate shifted by -0.0008 (-5.43%).

2024 Avg (January) 0.0141
2023 Avg (January) 0.0149

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0143 0.0139 0.0141
February 0.0142 0.0140 0.0141
March 0.0141 0.0139 0.0141
April 0.0142 0.0138 0.0140
May 0.0140 0.0134 0.0137
June 0.0135 0.0133 0.0134
July 0.0135 0.0132 0.0133
August 0.0137 0.0134 0.0136
September 0.0137 0.0133 0.0135
October 0.0135 0.0132 0.0133
November 0.0135 0.0131 0.0134
December 0.0138 0.0133 0.0135