YEARLY HIGH
0.0488 XCD
YEARLY LOW
0.0455 XCD
YEARLY AVERAGE
0.0472 XCD

2024 PHP to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.0488. Conversely, the yearly low was recorded on December 18, dropping to 0.0455.

This high-to-low spread represents a total annual volatility of 0.0034 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0483 to the December average rate of 0.0463, the exchange rate registered a net change of -4.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0488 was down 3.04% compared to the 2023 peak of 0.0504, 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 12,208 XCD
2023 Average 12,150 XCD
Yearly Trough Low 11,368 XCD
Transaction Impact: A difference of 839.96 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0486
0.0458
JanuMarcMayJulySeptNove

PHP to XCD 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 0.0475, compared to 0.0469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0475
H2 Avg (Jul–Dec) 0.0469

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0018 XCD (High: 0.0480 / Low: 0.0462). On the other end, June was the most stable month, with a tight range of 0.0004 XCD (High: 0.0463 / Low: 0.0458).

October Spread (Volatile) ±0.0018
June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between 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 September and October, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0483) against the same month in 2023 (average: 0.0494), the exchange rate shifted by -0.0010 (-2.11%).

2024 Avg (March) 0.0483
2023 Avg (March) 0.0494

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0488 0.0479 0.0483
February 0.0484 0.0480 0.0482
March 0.0488 0.0479 0.0483
April 0.0480 0.0467 0.0474
May 0.0474 0.0461 0.0468
June 0.0463 0.0458 0.0460
July 0.0464 0.0460 0.0462
August 0.0481 0.0463 0.0474
September 0.0486 0.0478 0.0482
October 0.0480 0.0462 0.0470
November 0.0464 0.0458 0.0460
December 0.0467 0.0455 0.0463