YEARLY HIGH
378.8835 SLL
YEARLY LOW
352.8140 SLL
YEARLY AVERAGE
366.1595 SLL

2024 PHP to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 378.8835. Conversely, the yearly low was recorded on December 18, dropping to 352.8140.

This high-to-low spread represents a total annual volatility of 26.0695 SLL. From a start-to-finish perspective, comparing the January average rate of 374.7242 to the December average rate of 358.9242, the exchange rate registered a net change of -4.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 378.8835 was down 1.10% compared to the 2023 peak of 383.1165, 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 94,720,885 SLL
2023 Average 85,745,304 SLL
Yearly Trough Low 88,203,501 SLL
Transaction Impact: A difference of 6,517,383.44 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

376.8674
355.4295
JanuMarcMayJulySeptNove

PHP to SLL 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 368.6558, compared to 363.6631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.9927 points.

H1 Avg (Jan–Jun) 368.6558
H2 Avg (Jul–Dec) 363.6631

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 14.2530 SLL (High: 372.6917 / Low: 358.4387). On the other end, June was the most stable month, with a tight range of 3.2917 SLL (High: 359.0053 / Low: 355.7137).

October Spread (Volatile) ±14.2530
June Spread (Stable) ±3.2917

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 9.3421 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -9.3421

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 375.0809) against the same month in 2023 (average: 322.7803), the exchange rate shifted by +52.3006 (+16.20%).

2024 Avg (March) 375.0809
2023 Avg (March) 322.7803

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 378.5245 371.7667 374.7242
February 375.8446 372.0734 374.3111
March 378.8835 371.8755 375.0809
April 372.7779 362.4994 367.6497
May 367.4765 358.0093 362.9531
June 359.0053 355.7137 357.2160
July 360.3564 356.6029 358.6058
August 373.4716 359.5686 368.0824
September 377.3971 370.9348 374.2230
October 372.6917 358.4387 364.8809
November 359.9605 355.0001 357.2624
December 362.7314 352.8140 358.9242