YEARLY HIGH
83.7821 PHP
YEARLY LOW
78.0693 PHP
YEARLY AVERAGE
80.8147 PHP

2024 JOD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 83.7821. Conversely, the yearly low was recorded on January 1, dropping to 78.0693.

This high-to-low spread represents a total annual volatility of 5.7127 PHP. From a start-to-finish perspective, comparing the January average rate of 78.8829 to the December average rate of 82.3791, the exchange rate registered a net change of 4.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 83.7821 was up 3.85% compared to the 2023 peak of 80.6770, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 418,910 PHP
2023 Average 392,103 PHP
Yearly Trough Low 390,347 PHP
Transaction Impact: A difference of 28,563.68 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

83.2170
78.4690
JanuMarcMayJulySeptNove

JOD 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 80.2602, compared to 81.3691 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1089 points.

H1 Avg (Jan–Jun) 80.2602
H2 Avg (Jul–Dec) 81.3691

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 3.1337 PHP (High: 82.5255 / Low: 79.3918). On the other end, June was the most stable month, with a tight range of 0.7627 PHP (High: 83.1812 / Low: 82.4185).

October Spread (Volatile) ±3.1337
June Spread (Stable) ±0.7627

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 2.1147 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.1147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 82.3791) against the same month in 2023 (average: 78.2597), the exchange rate shifted by +4.1194 (+5.26%).

2024 Avg (December) 82.3791
2023 Avg (December) 78.2597

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 79.5109 78.0693 78.8829
February 79.4677 78.6925 79.0050
March 79.5437 78.0724 78.8646
April 81.6241 79.3511 80.4770
May 82.6245 80.5186 81.5106
June 83.1812 82.4185 82.8213
July 82.9620 82.1095 82.5089
August 82.2894 79.2261 80.3942
September 79.7679 78.4020 79.0721
October 82.5255 79.3918 81.0923
November 83.3014 82.1303 82.7682
December 83.7821 81.5144 82.3791