2023 PHP āĻĨā§āĻā§ ARS-āĻāϰ āĻāϤāĻŋāĻšāĻžāϏāĻŋāĻ āĻĒāϰā§āϝāĻžāϞā§āĻāύāĻž
2023 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŦāĻŋāύāĻŋāĻŽāϝāĻŧ āĻšāĻžāϰā§āϰ āĻāϰā§āĻŽāĻā§āώāĻŽāϤāĻžāϰ āĻāĻāĻāĻŋ āĻŦāĻŋāĻļāĻĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖāĨ¤
2023 PHP to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PHP to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 14.6347. Conversely, the yearly low was recorded on January 1, dropping to 3.1733.
This high-to-low spread represents a total annual volatility of 11.4613 ARS. From a start-to-finish perspective, comparing the January average rate of 3.3144 to the December average rate of 11.3778, the exchange rate registered a net change of 243.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 14.6347 was up 360.02% compared to the 2022 peak of 3.1813, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āĻāĻŋāϤā§āϰāĻžāϝāĻŧāύ
2023 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŽāĻžāϏāĻŋāĻ āĻāĻĄāĻŧ āĻāĻ āĻžāύāĻžāĻŽāĻžāĨ¤
PHP to ARS 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: JanâJun) was 3.8318, compared to 6.7648 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 2.9330 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 8.1184 ARS (High: 14.6347 / Low: 6.5163). On the other end, October was the most stable month, with a tight range of 0.0655 ARS (High: 6.1983 / Low: 6.1328).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 11.3778) against the same month in 2022 (average: 3.1021), the exchange rate shifted by +8.2757 (+266.77%).
āĻŽāĻžāϏāĻŋāĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖ
āĻĒā§āϰāϤāĻŋāĻāĻŋ āĻā§āϝāĻžāϞā§āύā§āĻĄāĻžāϰ āĻŽāĻžāϏā§āϰ āĻĒāϰāĻŋāϏāĻāĻā§āϝāĻžāύāĻāϤ āϏāĻžāϰāϏāĻāĻā§āώā§āĻĒāĨ¤
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.4186 | 3.1733 | 3.3144 |
| February | 3.5568 | 3.4410 | 3.4961 |
| March | 3.8401 | 3.5740 | 3.7012 |
| April | 3.9918 | 3.8383 | 3.8947 |
| May | 4.2492 | 4.0028 | 4.1375 |
| June | 4.6405 | 4.2825 | 4.4471 |
| July | 5.0295 | 4.6126 | 4.8397 |
| August | 6.2263 | 4.9779 | 5.7056 |
| September | 6.1794 | 6.1123 | 6.1609 |
| October | 6.1983 | 6.1328 | 6.1644 |
| November | 6.4927 | 6.1746 | 6.3403 |
| December | 14.6347 | 6.5163 | 11.3778 |