2024 WST to PHP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 WST to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the WST to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 21.2268. Conversely, the yearly low was recorded on March 11, dropping to 19.7663.
This high-to-low spread represents a total annual volatility of 1.4605 PHP. From a start-to-finish perspective, comparing the January average rate of 19.9863 to the December average rate of 20.8665, 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 21.2268 was up 0.77% compared to the 2023 peak of 21.0647, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 WST based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
WST 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 20.3223, compared to 20.6004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2781 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 0.7990 PHP (High: 20.8937 / Low: 20.0946). On the other end, June was the most stable month, with a tight range of 0.1930 PHP (High: 21.0538 / Low: 20.8607).
Growth Streaks & Declines
TrendsBetween 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 0.5354 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 20.8665) against the same month in 2023 (average: 19.8286), the exchange rate shifted by +1.0380 (+5.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 20.1446 | 19.7850 | 19.9863 |
| February | 20.1280 | 19.9261 | 20.0078 |
| March | 20.1387 | 19.7663 | 19.9673 |
| April | 20.6596 | 20.0900 | 20.3721 |
| May | 20.9188 | 20.3798 | 20.6350 |
| June | 21.0538 | 20.8607 | 20.9653 |
| July | 21.0012 | 20.7825 | 20.8841 |
| August | 20.8280 | 20.0527 | 20.3487 |
| September | 20.1898 | 19.8441 | 20.0129 |
| October | 20.8937 | 20.0946 | 20.5276 |
| November | 21.0961 | 20.8054 | 20.9628 |
| December | 21.2268 | 20.6464 | 20.8665 |