2024 SVC to PHP Historical Review

YEARLY HIGH

6.7922 PHP

YEARLY LOW

6.3134 PHP

YEARLY AVERAGE

6.5487 PHP

2024 SVC to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 6.7922. Conversely, the yearly low was recorded on January 1, dropping to 6.3134.

This high-to-low spread represents a total annual volatility of 0.4787 PHP. From a start-to-finish perspective, comparing the January average rate of 6.3967 to the December average rate of 6.6793, the exchange rate registered a net change of 4.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.7922 was up 3.78% compared to the 2023 peak of 6.5451, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,961 PHP

2023 Average 31,796 PHP

Yearly Trough Low 31,567 PHP

Transaction Impact: A difference of 2,393.58 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.7404

6.3618

JanuMarcMayJulySeptNove

SVC 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 6.5048, compared to 6.5926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0878 points.

H1 Avg (Jan–Jun) 6.5048

H2 Avg (Jul–Dec) 6.5926

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.2742 PHP (High: 6.6822 / Low: 6.4080). On the other end, July was the most stable month, with a tight range of 0.0665 PHP (High: 6.7203 / Low: 6.6538).

August Spread (Volatile) ±0.2742

July Spread (Stable) ±0.0665

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 0.1666 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1666

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 6.6793) against the same month in 2023 (average: 6.3386), the exchange rate shifted by +0.3408 (+5.38%).

2024 Avg (December) 6.6793

2023 Avg (December) 6.3386

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.4474	6.3134	6.3967
February	6.4429	6.3531	6.4014
March	6.4733	6.3240	6.3934
April	6.6085	6.4314	6.5231
May	6.6900	6.5244	6.6054
June	6.7421	6.6650	6.7089
July	6.7203	6.6538	6.6843
August	6.6822	6.4080	6.5176
September	6.4770	6.3410	6.4031
October	6.6720	6.4109	6.5646
November	6.7588	6.6438	6.7070
December	6.7922	6.6026	6.6793