2023 AWG to PHP Historical Review

YEARLY HIGH

31.7695 PHP

YEARLY LOW

29.7714 PHP

YEARLY AVERAGE

30.8834 PHP

2023 AWG to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 31.7695. Conversely, the yearly low was recorded on February 5, dropping to 29.7714.

This high-to-low spread represents a total annual volatility of 1.9981 PHP. From a start-to-finish perspective, comparing the January average rate of 30.4995 to the December average rate of 30.8251, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 31.7695 was down 3.32% compared to the 2022 peak of 32.8599, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158,847 PHP

2022 Average 151,405 PHP

Yearly Trough Low 148,857 PHP

Transaction Impact: A difference of 9,990.31 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.6562

30.2760

JanuMarcMayJulySeptNove

AWG 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 30.6610, compared to 31.1057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4446 points.

H1 Avg (Jan–Jun) 30.6610

H2 Avg (Jul–Dec) 31.1057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 1.0947 PHP (High: 31.5956 / Low: 30.5008). On the other end, October was the most stable month, with a tight range of 0.2881 PHP (High: 31.6892 / Low: 31.4011).

August Spread (Volatile) ±1.0947

October Spread (Stable) ±0.2881

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 October and November, when the average rate fell by 0.5195 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 31.5412) against the same month in 2022 (average: 32.0056), the exchange rate shifted by -0.4643 (-1.45%).

2023 Avg (September) 31.5412

2022 Avg (September) 32.0056

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.0944	30.1892	30.4995
February	30.8472	29.7714	30.4594
March	30.8017	30.0500	30.3910
April	31.2425	30.1533	30.6736
May	31.3017	30.6997	30.9606
June	31.2411	30.6450	30.9821
July	30.8849	30.1503	30.4731
August	31.5956	30.5008	31.2597
September	31.7695	31.4222	31.5412
October	31.6892	31.4011	31.5273
November	31.4447	30.7587	31.0077
December	31.0347	30.6713	30.8251