2023 PHP to COP Historical Review

YEARLY HIGH

90.1828 COP

YEARLY LOW

68.7499 COP

YEARLY AVERAGE

77.8217 COP

2023 PHP to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 90.1828. Conversely, the yearly low was recorded on September 19, dropping to 68.7499.

This high-to-low spread represents a total annual volatility of 21.4329 COP. From a start-to-finish perspective, comparing the January average rate of 85.7925 to the December average rate of 71.2721, the exchange rate registered a net change of -16.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 90.1828 was up 2.88% compared to the 2022 peak of 87.6611, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 22,545,705 COP

2022 Average 19,500,813 COP

Yearly Trough Low 17,187,484 COP

Transaction Impact: A difference of 5,358,221.87 COP purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2023 সাল জুড়ে মাসিক গড় ওঠানামা।

89.1042

68.9167

JanuMarcMayJulySeptNove

PHP to COP 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 83.1568, compared to 72.4866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.6702 points.

H1 Avg (Jan–Jun) 83.1568

H2 Avg (Jul–Dec) 72.4866

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 7.3147 COP (High: 86.1297 / Low: 78.8149). On the other end, November was the most stable month, with a tight range of 3.2620 COP (High: 74.0072 / Low: 70.7453).

April Spread (Volatile) ±7.3147

November Spread (Stable) ±3.2620

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 6.1397 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -6.1397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 87.4219) against the same month in 2022 (average: 76.7824), the exchange rate shifted by +10.6395 (+13.86%).

2023 Avg (February) 87.4219

2022 Avg (February) 76.7824

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	88.9081	82.1820	85.7925
February	90.1828	85.3539	87.4219
March	89.1982	84.8456	86.9350
April	86.1297	78.8149	82.0847
May	84.5860	77.8981	81.4232
June	78.9539	73.1822	75.2835
July	75.9014	71.7547	74.0357
August	74.6664	69.9315	72.3340
September	72.3160	68.7499	70.5990
October	76.6322	71.9472	74.3389
November	74.0072	70.7453	72.3397
December	72.9014	69.0858	71.2721

2023 PHP থেকে COP-এর ঐতিহাসিক পর্যালোচনা