2024 XCD to PHP Historical Review

YEARLY HIGH

21.9922 PHP

YEARLY LOW

20.4790 PHP

YEARLY AVERAGE

21.1992 PHP

2024 XCD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 21.9922. Conversely, the yearly low was recorded on March 11, dropping to 20.4790.

This high-to-low spread represents a total annual volatility of 1.5132 PHP. From a start-to-finish perspective, comparing the January average rate of 20.7069 to the December average rate of 21.6189, 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 21.9922 was up 3.79% compared to the 2023 peak of 21.1891, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109,961 PHP

2023 Average 102,898 PHP

Yearly Trough Low 102,395 PHP

Transaction Impact: A difference of 7,566.00 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.8247

20.5839

JanuMarcMayJulySeptNove

XCD 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 21.0551, compared to 21.3433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2882 points.

H1 Avg (Jan–Jun) 21.0551

H2 Avg (Jul–Dec) 21.3433

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.8279 PHP (High: 21.6471 / Low: 20.8192). On the other end, June was the most stable month, with a tight range of 0.2000 PHP (High: 21.8129 / Low: 21.6129).

October Spread (Volatile) ±0.8279

June Spread (Stable) ±0.2000

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 0.5547 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 21.6189) against the same month in 2023 (average: 20.5436), the exchange rate shifted by +1.0754 (+5.23%).

2024 Avg (December) 21.6189

2023 Avg (December) 20.5436

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.8710	20.4984	20.7069
February	20.8538	20.6446	20.7293
March	20.8649	20.4790	20.6873
April	21.4046	20.8144	21.1067
May	21.6731	21.1147	21.3790
June	21.8129	21.6129	21.7213
July	21.7585	21.5319	21.6371
August	21.5791	20.7758	21.0825
September	20.9178	20.5597	20.7345
October	21.6471	20.8192	21.2678
November	21.8568	21.5556	21.7187
December	21.9922	21.3909	21.6189