YEARLY HIGH
0.0506 WST
YEARLY LOW
0.0471 WST
YEARLY AVERAGE
0.0489 WST

2024 PHP to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 0.0506. Conversely, the yearly low was recorded on December 18, dropping to 0.0471.

This high-to-low spread represents a total annual volatility of 0.0035 WST. From a start-to-finish perspective, comparing the January average rate of 0.0500 to the December average rate of 0.0479, the exchange rate registered a net change of -4.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0506 was down 0.29% compared to the 2023 peak of 0.0507, 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 12,648 WST
2023 Average 12,282 WST
Yearly Trough Low 11,778 WST
Transaction Impact: A difference of 870.25 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0503
0.0475
JanuMarcMayJulySeptNove

PHP to WST 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 0.0492, compared to 0.0486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0492
H2 Avg (Jul–Dec) 0.0486

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0019 WST (High: 0.0498 / Low: 0.0479). On the other end, June was the most stable month, with a tight range of 0.0004 WST (High: 0.0479 / Low: 0.0475).

October Spread (Volatile) ±0.0019
June Spread (Stable) ±0.0004

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 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0501) against the same month in 2023 (average: 0.0493), the exchange rate shifted by +0.0008 (+1.57%).

2024 Avg (March) 0.0501
2023 Avg (March) 0.0493

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0505 0.0496 0.0500
February 0.0502 0.0497 0.0500
March 0.0506 0.0497 0.0501
April 0.0498 0.0484 0.0491
May 0.0491 0.0478 0.0485
June 0.0479 0.0475 0.0477
July 0.0481 0.0476 0.0479
August 0.0499 0.0480 0.0491
September 0.0504 0.0495 0.0500
October 0.0498 0.0479 0.0487
November 0.0481 0.0474 0.0477
December 0.0484 0.0471 0.0479