2024 PHP to GEL Historical Review

YEARLY HIGH

0.0491 GEL

YEARLY LOW

0.0462 GEL

YEARLY AVERAGE

0.0474 GEL

2024 PHP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 15, valuing the pair at 0.0491. Conversely, the yearly low was recorded on July 26, dropping to 0.0462.

This high-to-low spread represents a total annual volatility of 0.0030 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0478 to the December average rate of 0.0482, the exchange rate registered a net change of 0.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0491 was up 0.05% compared to the 2023 peak of 0.0491, 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 12,283 GEL

2023 Average 11,795 GEL

Yearly Trough Low 11,538 GEL

Transaction Impact: A difference of 744.34 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0484

0.0464

JanuMarcMayJulySeptNove

PHP to GEL 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 0.0475, compared to 0.0474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0475

H2 Avg (Jul–Dec) 0.0474

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0030 GEL (High: 0.0491 / Low: 0.0462). On the other end, February was the most stable month, with a tight range of 0.0006 GEL (High: 0.0476 / Low: 0.0470).

May Spread (Volatile) ±0.0030

February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0469) against the same month in 2023 (average: 0.0456), the exchange rate shifted by +0.0013 (+2.91%).

2024 Avg (May) 0.0469

2023 Avg (May) 0.0456

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0485	0.0471	0.0478
February	0.0476	0.0470	0.0473
March	0.0486	0.0473	0.0478
April	0.0479	0.0462	0.0469
May	0.0491	0.0462	0.0469
June	0.0489	0.0471	0.0480
July	0.0477	0.0462	0.0468
August	0.0481	0.0465	0.0473
September	0.0489	0.0476	0.0482
October	0.0486	0.0466	0.0475
November	0.0480	0.0462	0.0466
December	0.0491	0.0472	0.0482