YEARLY HIGH
1.5066 PHP
YEARLY LOW
1.3389 PHP
YEARLY AVERAGE
1.4272 PHP

2024 UAH to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 1.5066. Conversely, the yearly low was recorded on September 19, dropping to 1.3389.

This high-to-low spread represents a total annual volatility of 0.1678 PHP. From a start-to-finish perspective, comparing the January average rate of 1.4789 to the December average rate of 1.3986, the exchange rate registered a net change of -5.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.5066 was down 3.97% compared to the 2023 peak of 1.5689, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 UAH based on timing:

Yearly Peak High 7,533 PHP
2023 Average 7,558 PHP
Yearly Trough Low 6,694 PHP
Transaction Impact: A difference of 838.89 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.4910
1.3458
JanuMarcMayJulySeptNove

UAH to PHP 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 1.4583, compared to 1.3961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0622 points.

H1 Avg (Jan–Jun) 1.4583
H2 Avg (Jul–Dec) 1.3961

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0594 PHP (High: 1.4179 / Low: 1.3586). On the other end, November was the most stable month, with a tight range of 0.0251 PHP (High: 1.4324 / Low: 1.4073).

August Spread (Volatile) ±0.0594
November Spread (Stable) ±0.0251

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0424 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0424

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.4789) against the same month in 2023 (average: 1.4944), the exchange rate shifted by -0.0156 (-1.04%).

2024 Avg (January) 1.4789
2023 Avg (January) 1.4944

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5066 1.4529 1.4789
February 1.4990 1.4475 1.4747
March 1.4736 1.4239 1.4442
April 1.4635 1.4322 1.4486
May 1.4698 1.4330 1.4540
June 1.4629 1.4364 1.4497
July 1.4472 1.4014 1.4261
August 1.4179 1.3586 1.3836
September 1.3751 1.3389 1.3579
October 1.4145 1.3625 1.3926
November 1.4324 1.4073 1.4178
December 1.4160 1.3770 1.3986