2024 SGD నుండి PHP చారిత్రక సమీక్ష
2024 సంవత్సరం పొడవునా మారకపు రేటు పనితీరు యొక్క సమగ్ర విశ్లేషణ.
2024 SGD to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SGD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 44.4436. Conversely, the yearly low was recorded on February 17, dropping to 41.4605.
This high-to-low spread represents a total annual volatility of 2.9832 PHP. From a start-to-finish perspective, comparing the January average rate of 41.8919 to the December average rate of 43.2451, the exchange rate registered a net change of 3.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 44.4436 was up 5.18% compared to the 2023 peak of 42.2538, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SGD to PHP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 42.2369, compared to 43.5064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2695 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 1.1469 PHP (High: 43.7379 / Low: 42.5910). On the other end, March was the most stable month, with a tight range of 0.3199 PHP (High: 41.8639 / Low: 41.5441).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.6813 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 43.9264) against the same month in 2023 (average: 41.3275), the exchange rate shifted by +2.5989 (+6.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 42.1839 | 41.5351 | 41.8919 |
| February | 41.8938 | 41.4605 | 41.6489 |
| March | 41.8639 | 41.5441 | 41.6807 |
| April | 42.5159 | 41.5676 | 42.0236 |
| May | 43.3248 | 42.2504 | 42.7734 |
| June | 43.7431 | 43.0625 | 43.4031 |
| July | 43.7378 | 43.2186 | 43.4525 |
| August | 43.7043 | 43.0331 | 43.3107 |
| September | 43.8077 | 42.8614 | 43.2509 |
| October | 44.2071 | 43.1684 | 43.8530 |
| November | 44.4436 | 43.7150 | 43.9264 |
| December | 43.7379 | 42.5910 | 43.2451 |