2024 TWD to PHP Historical Review

YEARLY HIGH

1.8337 PHP

YEARLY LOW

1.7399 PHP

YEARLY AVERAGE

1.7849 PHP

2024 TWD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 1.8337. Conversely, the yearly low was recorded on September 22, dropping to 1.7399.

This high-to-low spread represents a total annual volatility of 0.0938 PHP. From a start-to-finish perspective, comparing the January average rate of 1.7942 to the December average rate of 1.7936, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.8337 was down 0.75% compared to the 2023 peak of 1.8476, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,169 PHP

2023 Average 8,930 PHP

Yearly Trough Low 8,700 PHP

Transaction Impact: A difference of 468.82 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.8211

1.7476

JanuMarcMayJulySeptNove

TWD 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 1.7844, compared to 1.7854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 1.7844

H2 Avg (Jul–Dec) 1.7854

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0845 PHP (High: 1.8278 / Low: 1.7433). On the other end, March was the most stable month, with a tight range of 0.0214 PHP (High: 1.7772 / Low: 1.7558).

October Spread (Volatile) ±0.0845

March Spread (Stable) ±0.0214

Growth Streaks & Declines

Trends

Between April and June, 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 0.0246 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 1.8150) against the same month in 2023 (average: 1.7471), the exchange rate shifted by +0.0679 (+3.89%).

2024 Avg (November) 1.8150

2023 Avg (November) 1.7471

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8075	1.7684	1.7942
February	1.7987	1.7686	1.7827
March	1.7772	1.7558	1.7647
April	1.7762	1.7513	1.7634
May	1.8104	1.7671	1.7890
June	1.8213	1.7962	1.8122
July	1.8064	1.7789	1.7920
August	1.7817	1.7569	1.7674
September	1.7757	1.7399	1.7538
October	1.8278	1.7433	1.7908
November	1.8337	1.8051	1.8150
December	1.8180	1.7637	1.7936