2024 RON to PHP Historical Review

YEARLY HIGH

12.8862 PHP

YEARLY LOW

12.0834 PHP

YEARLY AVERAGE

12.4583 PHP

2024 RON to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 12.8862. Conversely, the yearly low was recorded on February 15, dropping to 12.0834.

This high-to-low spread represents a total annual volatility of 0.8028 PHP. From a start-to-finish perspective, comparing the January average rate of 12.2716 to the December average rate of 12.2989, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.8862 was up 2.59% compared to the 2023 peak of 12.5604, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64,431 PHP

2023 Average 60,805 PHP

Yearly Trough Low 60,417 PHP

Transaction Impact: A difference of 4,013.83 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.8217

12.0945

JanuMarcMayJulySeptNove

RON 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 12.3654, compared to 12.5512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1858 points.

H1 Avg (Jan–Jun) 12.3654

H2 Avg (Jul–Dec) 12.5512

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.4973 PHP (High: 12.8309 / Low: 12.3336). On the other end, July was the most stable month, with a tight range of 0.1408 PHP (High: 12.8203 / Low: 12.6795).

November Spread (Volatile) ±0.4973

July Spread (Stable) ±0.1408

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2309 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 12.6926) against the same month in 2023 (average: 12.1979), the exchange rate shifted by +0.4947 (+4.06%).

2024 Avg (June) 12.6926

2023 Avg (June) 12.1979

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3956	12.1995	12.2716
February	12.2738	12.0834	12.1551
March	12.3317	12.1519	12.2231
April	12.4564	12.1057	12.2945
May	12.7476	12.3493	12.5555
June	12.8862	12.5775	12.6926
July	12.8203	12.6795	12.7611
August	12.7283	12.4858	12.6175
September	12.6001	12.4341	12.5130
October	12.7476	12.4083	12.5869
November	12.8309	12.3336	12.5298
December	12.4520	12.1114	12.2989