2024 PHP to QAR Historical Review

YEARLY HIGH

0.0660 QAR

YEARLY LOW

0.0613 QAR

YEARLY AVERAGE

0.0636 QAR

2024 PHP to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0660. Conversely, the yearly low was recorded on December 18, dropping to 0.0613.

This high-to-low spread represents a total annual volatility of 0.0047 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0651 to the December average rate of 0.0624, the exchange rate registered a net change of -4.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0660 was down 3.82% compared to the 2023 peak of 0.0686, 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 16,500 QAR

2023 Average 16,380 QAR

Yearly Trough Low 15,336 QAR

Transaction Impact: A difference of 1,163.90 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0654

0.0618

JanuMarcMayJulySeptNove

PHP to QAR 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 0.0640, compared to 0.0632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0640

H2 Avg (Jul–Dec) 0.0632

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0024 QAR (High: 0.0649 / Low: 0.0625). On the other end, July was the most stable month, with a tight range of 0.0007 QAR (High: 0.0626 / Low: 0.0619).

August Spread (Volatile) ±0.0024

July Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0651) against the same month in 2023 (average: 0.0663), the exchange rate shifted by -0.0012 (-1.86%).

2024 Avg (January) 0.0651

2023 Avg (January) 0.0663

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0660	0.0645	0.0651
February	0.0656	0.0647	0.0650
March	0.0658	0.0644	0.0651
April	0.0647	0.0630	0.0639
May	0.0638	0.0622	0.0631
June	0.0625	0.0618	0.0621
July	0.0626	0.0619	0.0623
August	0.0649	0.0625	0.0639
September	0.0656	0.0644	0.0650
October	0.0648	0.0624	0.0634
November	0.0625	0.0617	0.0621
December	0.0630	0.0613	0.0624

2024 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு