YEARLY HIGH
0.0307 NZD
YEARLY LOW
0.0275 NZD
YEARLY AVERAGE
0.0289 NZD

2024 PHP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0307. Conversely, the yearly low was recorded on June 5, dropping to 0.0275.

This high-to-low spread represents a total annual volatility of 0.0032 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0289 to the December average rate of 0.0298, the exchange rate registered a net change of 3.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0307 was up 1.08% compared to the 2023 peak of 0.0304, 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 7,678 NZD
2023 Average 7,323 NZD
Yearly Trough Low 6,871 NZD
Transaction Impact: A difference of 806.77 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0300
0.0276
JanuMarcMayJulySeptNove

PHP to NZD 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 0.0289, compared to 0.0289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0289
H2 Avg (Jul–Dec) 0.0289

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0018 NZD (High: 0.0307 / Low: 0.0289). On the other end, February was the most stable month, with a tight range of 0.0006 NZD (High: 0.0294 / Low: 0.0288).

December Spread (Volatile) ±0.0018
February Spread (Stable) ±0.0006

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 April and May, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0298) against the same month in 2023 (average: 0.0289), the exchange rate shifted by +0.0009 (+3.17%).

2024 Avg (December) 0.0298
2023 Avg (December) 0.0289

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0293 0.0286 0.0289
February 0.0294 0.0288 0.0291
March 0.0298 0.0290 0.0294
April 0.0299 0.0290 0.0294
May 0.0292 0.0278 0.0285
June 0.0281 0.0275 0.0278
July 0.0291 0.0278 0.0284
August 0.0293 0.0284 0.0288
September 0.0291 0.0280 0.0287
October 0.0289 0.0282 0.0286
November 0.0294 0.0285 0.0288
December 0.0307 0.0289 0.0298