YEARLY HIGH
0.0078 PHP
YEARLY LOW
0.0071 PHP
YEARLY AVERAGE
0.0076 PHP

2024 PYG to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 22, valuing the pair at 0.0078. Conversely, the yearly low was recorded on September 19, dropping to 0.0071.

This high-to-low spread represents a total annual volatility of 0.0007 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0077 to the December average rate of 0.0075, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0078 was down 0.86% compared to the 2023 peak of 0.0079, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PYG based on timing:

Yearly Peak High 39 PHP
2023 Average 38 PHP
Yearly Trough Low 36 PHP
Transaction Impact: A difference of 3.62 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0079
0.0072
JanuMarcMayJulySeptNove

PYG to PHP 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 0.0077, compared to 0.0075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0077
H2 Avg (Jul–Dec) 0.0075

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0004 PHP (High: 0.0077 / Low: 0.0073). On the other end, June was the most stable month, with a tight range of 0.0001 PHP (High: 0.0078 / Low: 0.0077).

August Spread (Volatile) ±0.0004
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and November, 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 August and September, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0078) against the same month in 2023 (average: 0.0077), the exchange rate shifted by +0.0001 (+1.28%).

2024 Avg (June) 0.0078
2023 Avg (June) 0.0077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0078 0.0076 0.0077
February 0.0077 0.0076 0.0077
March 0.0077 0.0076 0.0076
April 0.0078 0.0076 0.0077
May 0.0078 0.0076 0.0077
June 0.0078 0.0077 0.0078
July 0.0078 0.0077 0.0077
August 0.0077 0.0073 0.0075
September 0.0074 0.0071 0.0072
October 0.0074 0.0072 0.0073
November 0.0076 0.0074 0.0075
December 0.0076 0.0074 0.0075