YEARLY HIGH
0.1981 TJS
YEARLY LOW
0.1799 TJS
YEARLY AVERAGE
0.1883 TJS

2024 PHP to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1981. Conversely, the yearly low was recorded on June 19, dropping to 0.1799.

This high-to-low spread represents a total annual volatility of 0.0182 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1952 to the December average rate of 0.1868, the exchange rate registered a net change of -4.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1981 was down 1.87% compared to the 2023 peak of 0.2019, 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 49,531 TJS
2023 Average 48,575 TJS
Yearly Trough Low 44,983 TJS
Transaction Impact: A difference of 4,547.97 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1971
0.1804
JanuMarcMayJulySeptNove

PHP to TJS 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 0.1913, compared to 0.1853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.1913
H2 Avg (Jul–Dec) 0.1853

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0094 TJS (High: 0.1903 / Low: 0.1809). On the other end, July was the most stable month, with a tight range of 0.0024 TJS (High: 0.1829 / Low: 0.1806).

August Spread (Volatile) ±0.0094
July Spread (Stable) ±0.0024

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 May and June, when the average rate fell by 0.0057 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1952) against the same month in 2023 (average: 0.1863), the exchange rate shifted by +0.0089 (+4.79%).

2024 Avg (January) 0.1952
2023 Avg (January) 0.1863

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1981 0.1933 0.1952
February 0.1965 0.1941 0.1954
March 0.1980 0.1934 0.1957
April 0.1945 0.1888 0.1917
May 0.1913 0.1832 0.1877
June 0.1841 0.1799 0.1821
July 0.1829 0.1806 0.1819
August 0.1903 0.1809 0.1862
September 0.1916 0.1880 0.1900
October 0.1899 0.1823 0.1854
November 0.1861 0.1803 0.1818
December 0.1891 0.1832 0.1868