YEARLY HIGH
29.7175 PHP
YEARLY LOW
27.6728 PHP
YEARLY AVERAGE
28.6459 PHP

2024 BBD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 29.7175. Conversely, the yearly low was recorded on March 11, dropping to 27.6728.

This high-to-low spread represents a total annual volatility of 2.0447 PHP. From a start-to-finish perspective, comparing the January average rate of 27.9808 to the December average rate of 29.2131, the exchange rate registered a net change of 4.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 29.7175 was up 3.79% compared to the 2023 peak of 28.6323, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 148,587 PHP
2023 Average 139,044 PHP
Yearly Trough Low 138,364 PHP
Transaction Impact: A difference of 10,223.74 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29.4912
27.8145
JanuMarcMayJulySeptNove

BBD 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 28.4512, compared to 28.8406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3894 points.

H1 Avg (Jan–Jun) 28.4512
H2 Avg (Jul–Dec) 28.8406

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.1187 PHP (High: 29.2512 / Low: 28.1325). On the other end, June was the most stable month, with a tight range of 0.2703 PHP (High: 29.4753 / Low: 29.2050).

October Spread (Volatile) ±1.1187
June Spread (Stable) ±0.2703

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 0.7495 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7495

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 29.2131) against the same month in 2023 (average: 27.7600), the exchange rate shifted by +1.4531 (+5.23%).

2024 Avg (December) 29.2131
2023 Avg (December) 27.7600

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.2025 27.6990 27.9808
February 28.1792 27.8965 28.0109
March 28.1942 27.6728 27.9542
April 28.9235 28.1260 28.5209
May 29.2863 28.5318 28.8890
June 29.4753 29.2050 29.3515
July 29.4017 29.0955 29.2377
August 29.1592 28.0738 28.4882
September 28.2657 27.7817 28.0180
October 29.2512 28.1325 28.7387
November 29.5345 29.1275 29.3479
December 29.7175 28.9050 29.2131