2023 CNY to PHP Historical Review

YEARLY HIGH

8.1942 PHP

YEARLY LOW

7.5593 PHP

YEARLY AVERAGE

7.8660 PHP

2023 CNY to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 8.1942. Conversely, the yearly low was recorded on July 19, dropping to 7.5593.

This high-to-low spread represents a total annual volatility of 0.6349 PHP. From a start-to-finish perspective, comparing the January average rate of 8.0885 to the December average rate of 7.7996, the exchange rate registered a net change of -3.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 8.1942 was down 2.25% compared to the 2022 peak of 8.3824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 204,855 PHP

2022 Average 202,474 PHP

Yearly Trough Low 188,982 PHP

Transaction Impact: A difference of 15,873.07 PHP purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2023 সাল জুড়ে মাসিক গড় ওঠানামা।

8.1333

7.5952

JanuMarcMayJulySeptNove

CNY 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 7.9748, compared to 7.7572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2176 points.

H1 Avg (Jan–Jun) 7.9748

H2 Avg (Jul–Dec) 7.7572

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.2935 PHP (High: 7.9136 / Low: 7.6201). On the other end, September was the most stable month, with a tight range of 0.1143 PHP (High: 7.8319 / Low: 7.7176).

June Spread (Volatile) ±0.2935

September Spread (Stable) ±0.1143

Growth Streaks & Declines

Trends

Between July and October, 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 May and June, when the average rate fell by 0.1792 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1792

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 8.0885) against the same month in 2022 (average: 8.0591), the exchange rate shifted by +0.0294 (+0.37%).

2023 Avg (January) 8.0885

2022 Avg (January) 8.0591

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	8.1942	8.0172	8.0885
February	8.1080	7.9130	8.0153
March	8.0613	7.8559	7.9404
April	8.1865	7.9016	8.0231
May	8.0665	7.8886	7.9805
June	7.9136	7.6201	7.8013
July	7.7206	7.5593	7.6400
August	7.8706	7.6491	7.7773
September	7.8319	7.7176	7.7875
October	7.9508	7.7446	7.8055
November	7.8454	7.6371	7.7336
December	7.8887	7.7358	7.7996

2023 CNY থেকে PHP-এর ঐতিহাসিক পর্যালোচনা