2024 PHP to HTG Historical Review

YEARLY HIGH

2.3960 HTG

YEARLY LOW

2.2008 HTG

YEARLY AVERAGE

2.3047 HTG

2024 PHP to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 2.3960. Conversely, the yearly low was recorded on December 18, dropping to 2.2008.

This high-to-low spread represents a total annual volatility of 0.1952 HTG. From a start-to-finish perspective, comparing the January average rate of 2.3525 to the December average rate of 2.2392, the exchange rate registered a net change of -4.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3960 was down 16.49% compared to the 2023 peak of 2.8692, 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 599,002 HTG

2023 Average 636,863 HTG

Yearly Trough Low 550,204 HTG

Transaction Impact: A difference of 48,797.70 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3834

2.2261

JanuMarcMayJulySeptNove

PHP to HTG 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 2.3267, compared to 2.2828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0439 points.

H1 Avg (Jan–Jun) 2.3267

H2 Avg (Jul–Dec) 2.2828

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0998 HTG (High: 2.3515 / Low: 2.2517). On the other end, July was the most stable month, with a tight range of 0.0179 HTG (High: 2.2695 / Low: 2.2517).

August Spread (Volatile) ±0.0998

July Spread (Stable) ±0.0179

Growth Streaks & Declines

Trends

Between January and March, 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 September and October, when the average rate fell by 0.0595 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0595

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 2.3702) against the same month in 2023 (average: 2.8064), the exchange rate shifted by -0.4361 (-15.54%).

2024 Avg (March) 2.3702

2023 Avg (March) 2.8064

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3872	2.3308	2.3525
February	2.3744	2.3378	2.3577
March	2.3960	2.3407	2.3702
April	2.3560	2.2933	2.3238
May	2.3238	2.2685	2.2963
June	2.2795	2.2482	2.2598
July	2.2695	2.2517	2.2591
August	2.3515	2.2517	2.3119
September	2.3753	2.3257	2.3534
October	2.3505	2.2551	2.2938
November	2.2635	2.2192	2.2392
December	2.2678	2.2008	2.2392