YEARLY HIGH
8.1922 KMF
YEARLY LOW
7.6533 KMF
YEARLY AVERAGE
7.9463 KMF

2024 PHP to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 8.1922. Conversely, the yearly low was recorded on November 6, dropping to 7.6533.

This high-to-low spread represents a total annual volatility of 0.5389 KMF. From a start-to-finish perspective, comparing the January average rate of 8.0654 to the December average rate of 8.0442, the exchange rate registered a net change of -0.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 8.1922 was down 4.33% compared to the 2023 peak of 8.5633, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 2,048,041 KMF
2023 Average 2,047,713 KMF
Yearly Trough Low 1,913,326 KMF
Transaction Impact: A difference of 134,714.32 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

8.1778
7.7305
JanuMarcMayJulySeptNove

PHP to KMF 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 8.0053, compared to 7.8874 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1180 points.

H1 Avg (Jan–Jun) 8.0053
H2 Avg (Jul–Dec) 7.8874

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.3625 KMF (High: 8.0158 / Low: 7.6533). On the other end, July was the most stable month, with a tight range of 0.0831 KMF (High: 7.8139 / Low: 7.7308).

November Spread (Volatile) ±0.3625
July Spread (Stable) ±0.0831

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1569 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1569

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 8.1405) against the same month in 2023 (average: 8.3886), the exchange rate shifted by -0.2481 (-2.96%).

2024 Avg (February) 8.1405
2023 Avg (February) 8.3886

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.1173 7.9933 8.0654
February 8.1922 8.0745 8.1405
March 8.1453 8.0469 8.1046
April 8.1752 7.9555 8.0465
May 8.0314 7.7628 7.8895
June 7.8728 7.6836 7.7854
July 7.8139 7.7308 7.7677
August 7.9011 7.7711 7.8512
September 7.9590 7.8621 7.9151
October 7.9707 7.7851 7.8573
November 8.0158 7.6533 7.8887
December 8.1643 7.9406 8.0442