YEARLY HIGH
0.7673 UYU
YEARLY LOW
0.6582 UYU
YEARLY AVERAGE
0.7015 UYU

2024 PHP to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.7673. Conversely, the yearly low was recorded on May 29, dropping to 0.6582.

This high-to-low spread represents a total annual volatility of 0.1092 UYU. From a start-to-finish perspective, comparing the January average rate of 0.7000 to the December average rate of 0.7527, the exchange rate registered a net change of 7.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7673 was up 5.06% compared to the 2023 peak of 0.7304, 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 191,828 UYU
2023 Average 174,547 UYU
Yearly Trough Low 164,538 UYU
Transaction Impact: A difference of 27,290.77 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7614
0.6575
JanuMarcMayJulySeptNove

PHP to UYU 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 0.6823, compared to 0.7207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0384 points.

H1 Avg (Jan–Jun) 0.6823
H2 Avg (Jul–Dec) 0.7207

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0421 UYU (High: 0.7552 / Low: 0.7131). On the other end, February was the most stable month, with a tight range of 0.0088 UYU (High: 0.7020 / Low: 0.6932).

September Spread (Volatile) ±0.0421
February Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0145 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7527) against the same month in 2023 (average: 0.7074), the exchange rate shifted by +0.0453 (+6.41%).

2024 Avg (December) 0.7527
2023 Avg (December) 0.7074

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7070 0.6866 0.7000
February 0.7020 0.6932 0.6984
March 0.7022 0.6673 0.6881
April 0.6843 0.6620 0.6736
May 0.6729 0.6582 0.6661
June 0.6753 0.6587 0.6676
July 0.6917 0.6807 0.6869
August 0.7178 0.6904 0.7080
September 0.7552 0.7131 0.7312
October 0.7445 0.7030 0.7238
November 0.7325 0.7061 0.7216
December 0.7673 0.7324 0.7527