2024 TMT to PHP Historical Review

YEARLY HIGH

59.4350 PHP

YEARLY LOW

55.3455 PHP

YEARLY AVERAGE

57.2918 PHP

2024 TMT to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TMT to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 59.4350. Conversely, the yearly low was recorded on March 11, dropping to 55.3455.

This high-to-low spread represents a total annual volatility of 4.0895 PHP. From a start-to-finish perspective, comparing the January average rate of 55.9615 to the December average rate of 58.4262, the exchange rate registered a net change of 4.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 59.4350 was up 3.79% compared to the 2023 peak of 57.2645, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 297,175 PHP

2023 Average 278,087 PHP

Yearly Trough Low 276,728 PHP

Transaction Impact: A difference of 20,447.48 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

58.9824

55.6290

JanuMarcMayJulySeptNove

TMT 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 56.9024, compared to 57.6812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7788 points.

H1 Avg (Jan–Jun) 56.9024

H2 Avg (Jul–Dec) 57.6812

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 2.2373 PHP (High: 58.5023 / Low: 56.2650). On the other end, June was the most stable month, with a tight range of 0.5405 PHP (High: 58.9505 / Low: 58.4100).

October Spread (Volatile) ±2.2373

June Spread (Stable) ±0.5405

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 1.4990 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4990

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 58.4262) against the same month in 2023 (average: 55.5200), the exchange rate shifted by +2.9063 (+5.23%).

2024 Avg (December) 58.4262

2023 Avg (December) 55.5200

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	56.4050	55.3980	55.9615
February	56.3585	55.7930	56.0219
March	56.3885	55.3455	55.9084
April	57.8470	56.2520	57.0418
May	58.5725	57.0635	57.7779
June	58.9505	58.4100	58.7029
July	58.8035	58.1910	58.4754
August	58.3185	56.1475	56.9764
September	56.5315	55.5635	56.0360
October	58.5023	56.2650	57.4773
November	59.0690	58.2550	58.6959
December	59.4350	57.8100	58.4262