YEARLY HIGH
0.2620 SCR
YEARLY LOW
0.2259 SCR
YEARLY AVERAGE
0.2387 SCR

2024 PHP to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.2620. Conversely, the yearly low was recorded on October 27, dropping to 0.2259.

This high-to-low spread represents a total annual volatility of 0.0361 SCR. From a start-to-finish perspective, comparing the January average rate of 0.2391 to the December average rate of 0.2416, the exchange rate registered a net change of 1.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2620 was up 0.66% compared to the 2023 peak of 0.2603, 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 65,506 SCR
2023 Average 60,434 SCR
Yearly Trough Low 56,473 SCR
Transaction Impact: A difference of 9,032.28 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2440
0.2334
JanuMarcMayJulySeptNove

PHP to SCR 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 0.2387, compared to 0.2386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.2387
H2 Avg (Jul–Dec) 0.2386

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0361 SCR (High: 0.2620 / Low: 0.2259). On the other end, May was the most stable month, with a tight range of 0.0094 SCR (High: 0.2412 / Low: 0.2318).

October Spread (Volatile) ±0.0361
May Spread (Stable) ±0.0094

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 March and April, when the average rate fell by 0.0049 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.2387) against the same month in 2023 (average: 0.2347), the exchange rate shifted by +0.0039 (+1.67%).

2024 Avg (October) 0.2387
2023 Avg (October) 0.2347

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2499 0.2332 0.2391
February 0.2469 0.2348 0.2402
March 0.2565 0.2387 0.2431
April 0.2499 0.2345 0.2383
May 0.2412 0.2318 0.2364
June 0.2494 0.2308 0.2353
July 0.2419 0.2297 0.2359
August 0.2592 0.2278 0.2411
September 0.2494 0.2291 0.2400
October 0.2620 0.2259 0.2387
November 0.2434 0.2280 0.2343
December 0.2595 0.2265 0.2416