2024 PHP to THB Historical Review

YEARLY HIGH

0.6507 THB

YEARLY LOW

0.5745 THB

YEARLY AVERAGE

0.6157 THB

2024 PHP to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.6507. Conversely, the yearly low was recorded on October 17, dropping to 0.5745.

This high-to-low spread represents a total annual volatility of 0.0762 THB. From a start-to-finish perspective, comparing the January average rate of 0.6285 to the December average rate of 0.5846, the exchange rate registered a net change of -6.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6507 was down 0.40% compared to the 2023 peak of 0.6532, 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 162,663 THB

2023 Average 156,277 THB

Yearly Trough Low 143,621 THB

Transaction Impact: A difference of 19,041.81 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6508

0.5744

JanuMarcMayJulySeptNove

PHP to THB 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 0.6357, compared to 0.5957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0401 points.

H1 Avg (Jan–Jun) 0.6357

H2 Avg (Jul–Dec) 0.5957

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0298 THB (High: 0.6064 / Low: 0.5767). On the other end, June was the most stable month, with a tight range of 0.0080 THB (High: 0.6291 / Low: 0.6211).

September Spread (Volatile) ±0.0298

June Spread (Stable) ±0.0080

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 August and September, when the average rate fell by 0.0155 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.6445) against the same month in 2023 (average: 0.6186), the exchange rate shifted by +0.0259 (+4.18%).

2024 Avg (April) 0.6445

2023 Avg (April) 0.6186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6368	0.6168	0.6285
February	0.6457	0.6308	0.6398
March	0.6489	0.6367	0.6428
April	0.6507	0.6390	0.6445
May	0.6455	0.6216	0.6336
June	0.6291	0.6211	0.6253
July	0.6260	0.6074	0.6196
August	0.6176	0.6019	0.6092
September	0.6064	0.5767	0.5936
October	0.5917	0.5745	0.5808
November	0.5947	0.5745	0.5863
December	0.5901	0.5784	0.5846