2024 PHP to JPY Historical Review

YEARLY HIGH

2.7723 JPY

YEARLY LOW

2.5048 JPY

YEARLY AVERAGE

2.6436 JPY

2024 PHP to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 2.7723. Conversely, the yearly low was recorded on August 6, dropping to 2.5048.

This high-to-low spread represents a total annual volatility of 0.2675 JPY. From a start-to-finish perspective, comparing the January average rate of 2.6119 to the December average rate of 2.6365, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7723 was up 2.29% compared to the 2023 peak of 2.7102, 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 693,067 JPY

2023 Average 631,465 JPY

Yearly Trough Low 626,203 JPY

Transaction Impact: A difference of 66,863.65 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7152

2.5384

JanuMarcMayJulySeptNove

PHP to JPY 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 2.6751, compared to 2.6121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0630 points.

H1 Avg (Jan–Jun) 2.6751

H2 Avg (Jul–Dec) 2.6121

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.2095 JPY (High: 2.7723 / Low: 2.5628). On the other end, May was the most stable month, with a tight range of 0.0480 JPY (High: 2.7120 / Low: 2.6641).

July Spread (Volatile) ±0.2095

May Spread (Stable) ±0.0480

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.1278 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1278

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 2.6944) against the same month in 2023 (average: 2.5710), the exchange rate shifted by +0.1234 (+4.80%).

2024 Avg (July) 2.6944

2023 Avg (July) 2.5710

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6543	2.5473	2.6119
February	2.6971	2.6155	2.6708
March	2.7068	2.6417	2.6787
April	2.7425	2.6693	2.7004
May	2.7120	2.6641	2.6954
June	2.7547	2.6332	2.6934
July	2.7723	2.5628	2.6944
August	2.6065	2.5048	2.5666
September	2.6036	2.5147	2.5531
October	2.6417	2.5500	2.6082
November	2.6530	2.5555	2.6141
December	2.7270	2.5456	2.6365