2024 PHP to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PHP to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PHP to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 10.8488. Conversely, the yearly low was recorded on May 1, dropping to 9.8849.
This high-to-low spread represents a total annual volatility of 0.9638 SDG. From a start-to-finish perspective, comparing the January average rate of 10.7398 to the December average rate of 10.2956, the exchange rate registered a net change of -4.14% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 10.8488 was down 1.97% compared to the 2023 peak of 11.0672, 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 SDG 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 10.4744, compared to 10.4122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0622 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 0.6384 SDG (High: 10.5234 / Low: 9.8849). On the other end, February was the most stable month, with a tight range of 0.1170 SDG (High: 10.7720 / Low: 10.6550).
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 March and April, when the average rate fell by 0.3370 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 10.7398) against the same month in 2023 (average: 10.5021), the exchange rate shifted by +0.2378 (+2.26%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.8488 | 10.6551 | 10.7398 |
| February | 10.7720 | 10.6550 | 10.7265 |
| March | 10.8242 | 10.3922 | 10.6197 |
| April | 10.6752 | 10.1302 | 10.2827 |
| May | 10.5234 | 9.8849 | 10.3675 |
| June | 10.2893 | 9.9477 | 10.1103 |
| July | 10.3198 | 9.9934 | 10.1708 |
| August | 10.7129 | 10.3141 | 10.5583 |
| September | 10.8255 | 10.6401 | 10.7344 |
| October | 10.6905 | 10.2816 | 10.4664 |
| November | 10.3253 | 10.1830 | 10.2479 |
| December | 10.4048 | 10.1203 | 10.2956 |