2024 PHP to MGA Historical Review

YEARLY HIGH

83.4124 MGA

YEARLY LOW

75.6508 MGA

YEARLY AVERAGE

79.1908 MGA

2024 PHP to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 83.4124. Conversely, the yearly low was recorded on June 15, dropping to 75.6508.

This high-to-low spread represents a total annual volatility of 7.7616 MGA. From a start-to-finish perspective, comparing the January average rate of 81.5580 to the December average rate of 80.4415, the exchange rate registered a net change of -1.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 83.4124 was up 0.03% compared to the 2023 peak of 83.3913, 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 20,853,103 MGA

2023 Average 20,007,391 MGA

Yearly Trough Low 18,912,703 MGA

Transaction Impact: A difference of 1,940,399.58 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

82.0954

75.6466

JanuMarcMayJulySeptNove

PHP to MGA 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 78.7463, compared to 79.6353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8890 points.

H1 Avg (Jan–Jun) 78.7463

H2 Avg (Jul–Dec) 79.6353

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 3.9469 MGA (High: 81.4594 / Low: 77.5125). On the other end, February was the most stable month, with a tight range of 1.1777 MGA (High: 81.4921 / Low: 80.3144).

March Spread (Volatile) ±3.9469

February Spread (Stable) ±1.1777

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 March and April, when the average rate fell by 2.8413 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.8413

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 81.5580) against the same month in 2023 (average: 80.0665), the exchange rate shifted by +1.4915 (+1.86%).

2024 Avg (January) 81.5580

2023 Avg (January) 80.0665

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	83.4124	80.2452	81.5580
February	81.4921	80.3144	81.0387
March	81.4594	77.5125	79.9092
April	77.9506	76.3117	77.0679
May	77.8080	75.6996	76.7201
June	76.8341	75.6508	76.1840
July	78.0121	76.0948	77.0453
August	81.5605	78.1212	80.1413
September	81.6524	80.4219	81.0676
October	81.5179	78.9356	79.8776
November	80.1004	78.4780	79.2388
December	81.1648	78.2866	80.4415

2024 PHP నుండి MGA చారిత్రక సమీక్ష