2024 PHP to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PHP to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PHP to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 140.6977. Conversely, the yearly low was recorded on June 22, dropping to 127.6783.
This high-to-low spread represents a total annual volatility of 13.0194 PYG. From a start-to-finish perspective, comparing the January average rate of 130.1270 to the December average rate of 133.6197, the exchange rate registered a net change of 2.68% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 140.6977 was up 2.36% compared to the 2023 peak of 137.4508, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PHP to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 129.7953, compared to 134.0853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2900 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 7.1559 PYG (High: 136.6913 / Low: 129.5354). On the other end, June was the most stable month, with a tight range of 1.4618 PYG (High: 129.1401 / Low: 127.6783).
Growth Streaks & Declines
TrendsBetween June and September, 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 October and November, when the average rate fell by 3.7213 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 138.5058) against the same month in 2023 (average: 128.1023), the exchange rate shifted by +10.4034 (+8.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 131.8676 | 129.0269 | 130.1270 |
| February | 130.9412 | 129.0615 | 130.0444 |
| March | 131.6900 | 129.4902 | 130.8311 |
| April | 131.3897 | 128.2209 | 129.6780 |
| May | 131.1459 | 128.7733 | 129.8204 |
| June | 129.1401 | 127.6783 | 128.2707 |
| July | 129.7352 | 128.0937 | 129.1024 |
| August | 136.6913 | 129.5354 | 133.0615 |
| September | 140.6977 | 135.8173 | 138.5058 |
| October | 138.9625 | 135.5761 | 136.9719 |
| November | 135.3816 | 131.9529 | 133.2506 |
| December | 135.4034 | 131.3447 | 133.6197 |