2024 PHP to NOK Historical Review

YEARLY HIGH

0.1965 NOK

YEARLY LOW

0.1782 NOK

YEARLY AVERAGE

0.1877 NOK

2024 PHP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.1965. Conversely, the yearly low was recorded on June 3, dropping to 0.1782.

This high-to-low spread represents a total annual volatility of 0.0184 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1858 to the December average rate of 0.1922, the exchange rate registered a net change of 3.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1965 was down 1.99% compared to the 2023 peak of 0.2005, 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 49,131 NOK

2023 Average 47,470 NOK

Yearly Trough Low 44,543 NOK

Transaction Impact: A difference of 4,587.96 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1934

0.1797

JanuMarcMayJulySeptNove

PHP to NOK 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 0.1870, compared to 0.1884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.1870

H2 Avg (Jul–Dec) 0.1884

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0116 NOK (High: 0.1912 / Low: 0.1796). On the other end, October was the most stable month, with a tight range of 0.0032 NOK (High: 0.1899 / Low: 0.1867).

May Spread (Volatile) ±0.0116

October Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0053 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1922) against the same month in 2023 (average: 0.1894), the exchange rate shifted by +0.0028 (+1.49%).

2024 Avg (December) 0.1922

2023 Avg (December) 0.1894

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1886	0.1837	0.1858
February	0.1901	0.1864	0.1883
March	0.1931	0.1865	0.1899
April	0.1949	0.1889	0.1912
May	0.1912	0.1796	0.1859
June	0.1829	0.1782	0.1808
July	0.1884	0.1799	0.1846
August	0.1902	0.1855	0.1878
September	0.1933	0.1858	0.1893
October	0.1899	0.1867	0.1883
November	0.1896	0.1861	0.1882
December	0.1965	0.1887	0.1922

2024 PHP నుండి NOK చారిత్రక సమీక్ష