2024 QAR to PHP Historical Review

YEARLY HIGH

16.3011 PHP

YEARLY LOW

15.1513 PHP

YEARLY AVERAGE

15.7272 PHP

2024 QAR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 16.3011. Conversely, the yearly low was recorded on January 1, dropping to 15.1513.

This high-to-low spread represents a total annual volatility of 1.1498 PHP. From a start-to-finish perspective, comparing the January average rate of 15.3606 to the December average rate of 16.0388, the exchange rate registered a net change of 4.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.3011 was up 3.65% compared to the 2023 peak of 15.7277, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81,505 PHP

2023 Average 76,329 PHP

Yearly Trough Low 75,756 PHP

Transaction Impact: A difference of 5,749.23 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.1896

15.2762

JanuMarcMayJulySeptNove

QAR 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 15.6195, compared to 15.8350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2156 points.

H1 Avg (Jan–Jun) 15.6195

H2 Avg (Jul–Dec) 15.8350

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.6030 PHP (High: 16.0107 / Low: 15.4078). On the other end, July was the most stable month, with a tight range of 0.1682 PHP (High: 16.1432 / Low: 15.9750).

August Spread (Volatile) ±0.6030

July Spread (Stable) ±0.1682

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.3885 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3885

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 16.0388) against the same month in 2023 (average: 15.2334), the exchange rate shifted by +0.8054 (+5.29%).

2024 Avg (December) 16.0388

2023 Avg (December) 15.2334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.4938	15.1513	15.3606
February	15.4528	15.2333	15.3753
March	15.5231	15.2017	15.3523
April	15.8767	15.4496	15.6596
May	16.0762	15.6725	15.8592
June	16.1840	16.0047	16.1098
July	16.1432	15.9750	16.0474
August	16.0107	15.4078	15.6589
September	15.5228	15.2546	15.3827
October	16.0175	15.4375	15.7688
November	16.2189	15.9991	16.1135
December	16.3011	15.8630	16.0388