2024 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு
2024 ஆம் ஆண்டு முழுவதும் நாணய மாற்று விகிதச் செயல்பாட்டின் விரிவான பகுப்பாய்வு.
2024 CNY to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CNY to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 8.3005. Conversely, the yearly low was recorded on March 13, dropping to 7.7028.
This high-to-low spread represents a total annual volatility of 0.5977 PHP. From a start-to-finish perspective, comparing the January average rate of 7.8702 to the December average rate of 8.0239, the exchange rate registered a net change of 1.95% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 8.3005 was up 1.30% compared to the 2023 peak of 8.1942, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CNY to PHP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7.9258, compared to 8.0382 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1123 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 0.3522 PHP (High: 8.2368 / Low: 7.8846). On the other end, March was the most stable month, with a tight range of 0.1429 PHP (High: 7.8458 / Low: 7.7028).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 0.1219 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 8.1352) against the same month in 2023 (average: 7.8013), the exchange rate shifted by +0.3339 (+4.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.9512 | 7.8011 | 7.8702 |
| February | 7.9170 | 7.7552 | 7.8269 |
| March | 7.8458 | 7.7028 | 7.7685 |
| April | 8.0958 | 7.7796 | 7.8914 |
| May | 8.2368 | 7.8846 | 8.0628 |
| June | 8.3005 | 8.0374 | 8.1352 |
| July | 8.1774 | 8.0118 | 8.0583 |
| August | 8.1226 | 7.8868 | 7.9729 |
| September | 8.0084 | 7.8537 | 7.9211 |
| October | 8.2154 | 7.9937 | 8.1071 |
| November | 8.2355 | 8.0922 | 8.1458 |
| December | 8.1570 | 7.9327 | 8.0239 |