2024 SRD to PHP Historical Review

YEARLY HIGH

2.0323 PHP

YEARLY LOW

1.5076 PHP

YEARLY AVERAGE

1.7406 PHP

2024 SRD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 2.0323. Conversely, the yearly low was recorded on January 1, dropping to 1.5076.

This high-to-low spread represents a total annual volatility of 0.5247 PHP. From a start-to-finish perspective, comparing the January average rate of 1.5253 to the December average rate of 1.6590, the exchange rate registered a net change of 8.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0323 was up 14.76% compared to the 2023 peak of 1.7709, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,161 PHP

2023 Average 7,621 PHP

Yearly Trough Low 7,538 PHP

Transaction Impact: A difference of 2,623.35 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0239

1.4800

JanuMarcMayJulySeptNove

SRD 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 1.6592, compared to 1.8220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1629 points.

H1 Avg (Jan–Jun) 1.6592

H2 Avg (Jul–Dec) 1.8220

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1438 PHP (High: 1.8387 / Low: 1.6950). On the other end, January was the most stable month, with a tight range of 0.0391 PHP (High: 1.5467 / Low: 1.5076).

October Spread (Volatile) ±0.1438

January Spread (Stable) ±0.0391

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1185 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 1.9701) against the same month in 2023 (average: 1.4454), the exchange rate shifted by +0.5247 (+36.30%).

2024 Avg (July) 1.9701

2023 Avg (July) 1.4454

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5467	1.5076	1.5253
February	1.5924	1.5246	1.5498
March	1.6148	1.5646	1.5870
April	1.7108	1.6030	1.6482
May	1.8206	1.6946	1.7720
June	1.9206	1.8196	1.8727
July	2.0323	1.9058	1.9701
August	2.0231	1.9462	1.9786
September	1.9571	1.8244	1.8874
October	1.8387	1.6950	1.7689
November	1.6983	1.6552	1.6682
December	1.6900	1.6379	1.6590