YEARLY HIGH
0.6978 PHP
YEARLY LOW
0.6187 PHP
YEARLY AVERAGE
0.6579 PHP

2024 KGS to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 0.6978. Conversely, the yearly low was recorded on March 13, dropping to 0.6187.

This high-to-low spread represents a total annual volatility of 0.0791 PHP. From a start-to-finish perspective, comparing the January average rate of 0.6270 to the December average rate of 0.6723, the exchange rate registered a net change of 7.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6978 was up 4.82% compared to the 2023 peak of 0.6657, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,489 PHP
2023 Average 3,166 PHP
Yearly Trough Low 3,093 PHP
Transaction Impact: A difference of 395.67 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6939
0.6186
JanuMarcMayJulySeptNove

KGS 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 0.6413, compared to 0.6745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0332 points.

H1 Avg (Jan–Jun) 0.6413
H2 Avg (Jul–Dec) 0.6745

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0360 PHP (High: 0.6940 / Low: 0.6580). On the other end, February was the most stable month, with a tight range of 0.0063 PHP (High: 0.6302 / Low: 0.6239).

August Spread (Volatile) ±0.0360
February Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0186 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.6877) against the same month in 2023 (average: 0.6260), the exchange rate shifted by +0.0617 (+9.86%).

2024 Avg (July) 0.6877
2023 Avg (July) 0.6260

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6315 0.6219 0.6270
February 0.6302 0.6239 0.6265
March 0.6300 0.6187 0.6249
April 0.6523 0.6292 0.6405
May 0.6679 0.6435 0.6548
June 0.6817 0.6672 0.6740
July 0.6978 0.6805 0.6877
August 0.6940 0.6580 0.6690
September 0.6713 0.6580 0.6645
October 0.6818 0.6650 0.6737
November 0.6843 0.6751 0.6798
December 0.6832 0.6655 0.6723