2024 PHP to BIF Historical Review

YEARLY HIGH

52.1765 BIF

YEARLY LOW

48.7738 BIF

YEARLY AVERAGE

50.3612 BIF

2024 PHP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 52.1765. Conversely, the yearly low was recorded on June 22, dropping to 48.7738.

This high-to-low spread represents a total annual volatility of 3.4027 BIF. From a start-to-finish perspective, comparing the January average rate of 50.9904 to the December average rate of 50.4540, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 52.1765 was up 0.02% compared to the 2023 peak of 52.1658, 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 13,044,118 BIF

2023 Average 11,443,972 BIF

Yearly Trough Low 12,193,442 BIF

Transaction Impact: A difference of 850,675.11 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

51.9108

48.7342

JanuMarcMayJulySeptNove

PHP to BIF 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 50.3536, compared to 50.3688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0152 points.

H1 Avg (Jan–Jun) 50.3536

H2 Avg (Jul–Dec) 50.3688

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 2.0738 BIF (High: 51.4346 / Low: 49.3607). On the other end, June was the most stable month, with a tight range of 0.4818 BIF (High: 49.2555 / Low: 48.7738).

August Spread (Volatile) ±2.0738

June Spread (Stable) ±0.4818

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 1.0972 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0972

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 51.6461) against the same month in 2023 (average: 49.9352), the exchange rate shifted by +1.7109 (+3.43%).

2024 Avg (September) 51.6461

2023 Avg (September) 49.9352

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	51.5641	50.6205	50.9904
February	51.2702	50.6750	51.0481
March	51.7609	50.5133	51.1715
April	50.9153	49.5889	50.2394
May	50.2948	49.0806	49.6733
June	49.2555	48.7738	48.9989
July	49.4833	48.9307	49.2311
August	51.4346	49.3607	50.5639
September	52.1765	50.9700	51.6461
October	51.6474	49.7461	50.5490
November	50.5495	49.0818	49.7688
December	51.1339	49.7370	50.4540

2024 PHP నుండి BIF చారిత్రక సమీక్ష