YEARLY HIGH
11.6843 PHP
YEARLY LOW
10.2117 PHP
YEARLY AVERAGE
11.1449 PHP

2023 BRL to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 11.6843. Conversely, the yearly low was recorded on January 3, dropping to 10.2117.

This high-to-low spread represents a total annual volatility of 1.4726 PHP. From a start-to-finish perspective, comparing the January average rate of 10.5911 to the December average rate of 11.3381, the exchange rate registered a net change of 7.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.6843 was up 1.04% compared to the 2022 peak of 11.5638, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 292,106 PHP
2022 Average 264,239 PHP
Yearly Trough Low 255,292 PHP
Transaction Impact: A difference of 36,813.80 PHP purely based on transaction execution date.

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11.6028
10.4038
JanuMarcMayJulySeptNove

BRL 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 10.9025, compared to 11.3873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4848 points.

H1 Avg (Jan–Jun) 10.9025
H2 Avg (Jul–Dec) 11.3873

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.6230 PHP (High: 11.3415 / Low: 10.7184). On the other end, November was the most stable month, with a tight range of 0.2442 PHP (High: 11.5186 / Low: 11.2744).

April Spread (Volatile) Âą0.6230
November Spread (Stable) Âą0.2442

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 September and October, when the average rate fell by 0.2670 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2670

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 11.4725) against the same month in 2022 (average: 10.8721), the exchange rate shifted by +0.6004 (+5.52%).

2023 Avg (August) 11.4725
2022 Avg (August) 10.8721

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Month High Low Average
January 10.7956 10.2117 10.5911
February 10.7414 10.3266 10.5910
March 10.7670 10.2463 10.5037
April 11.3415 10.7184 11.0193
May 11.4701 10.9994 11.2072
June 11.6799 11.1835 11.5029
July 11.6225 11.3050 11.4427
August 11.6843 11.2884 11.4725
September 11.6812 11.2548 11.4840
October 11.4383 10.9687 11.2170
November 11.5186 11.2744 11.3693
December 11.5164 11.1924 11.3381