2024 PHP to SBD Historical Review

YEARLY HIGH

0.1575 SBD

YEARLY LOW

0.1411 SBD

YEARLY AVERAGE

0.1471 SBD

2024 PHP to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.1575. Conversely, the yearly low was recorded on December 18, dropping to 0.1411.

This high-to-low spread represents a total annual volatility of 0.0165 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1505 to the December average rate of 0.1434, the exchange rate registered a net change of -4.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1575 was up 2.31% compared to the 2023 peak of 0.1540, 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 39,387 SBD

2023 Average 37,520 SBD

Yearly Trough Low 35,264 SBD

Transaction Impact: A difference of 4,123.39 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1523

0.1415

JanuMarcMayJulySeptNove

PHP to SBD 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 0.1487, compared to 0.1454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.1487

H2 Avg (Jul–Dec) 0.1454

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0077 SBD (High: 0.1575 / Low: 0.1498). On the other end, November was the most stable month, with a tight range of 0.0018 SBD (High: 0.1433 / Low: 0.1415).

March Spread (Volatile) ±0.0077

November Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between 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 September and October, when the average rate fell by 0.0043 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1514) against the same month in 2023 (average: 0.1504), the exchange rate shifted by +0.0011 (+0.70%).

2024 Avg (March) 0.1514

2023 Avg (March) 0.1504

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1521	0.1481	0.1505
February	0.1524	0.1495	0.1509
March	0.1575	0.1498	0.1514
April	0.1508	0.1466	0.1487
May	0.1486	0.1447	0.1469
June	0.1451	0.1432	0.1441
July	0.1453	0.1434	0.1445
August	0.1517	0.1453	0.1488
September	0.1507	0.1475	0.1488
October	0.1474	0.1425	0.1445
November	0.1433	0.1415	0.1424
December	0.1448	0.1411	0.1434