2023 PHP to CVE Historical Review

YEARLY HIGH

1.9059 CVE

YEARLY LOW

1.7739 CVE

YEARLY AVERAGE

1.8360 CVE

2023 PHP to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 1.9059. Conversely, the yearly low was recorded on August 11, dropping to 1.7739.

This high-to-low spread represents a total annual volatility of 0.1320 CVE. From a start-to-finish perspective, comparing the January average rate of 1.8656 to the December average rate of 1.8222, the exchange rate registered a net change of -2.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.9059 was down 6.19% compared to the 2022 peak of 2.0316, 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 476,473 CVE

2022 Average 482,239 CVE

Yearly Trough Low 443,473 CVE

Transaction Impact: A difference of 33,000.61 CVE purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2023 সাল জুড়ে মাসিক গড় ওঠানামা।

1.8919

1.7871

JanuMarcMayJulySeptNove

PHP to CVE 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 1.8503, compared to 1.8217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0286 points.

H1 Avg (Jan–Jun) 1.8503

H2 Avg (Jul–Dec) 1.8217

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0821 CVE (High: 1.8708 / Low: 1.7887). On the other end, October was the most stable month, with a tight range of 0.0279 CVE (High: 1.8558 / Low: 1.8279).

April Spread (Volatile) ±0.0821

October Spread (Stable) ±0.0279

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0604 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0604

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1.8832) against the same month in 2022 (average: 1.9286), the exchange rate shifted by -0.0454 (-2.35%).

2023 Avg (March) 1.8832

2022 Avg (March) 1.9286

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	1.8922	1.8461	1.8656
February	1.8981	1.8584	1.8790
March	1.9059	1.8652	1.8832
April	1.8708	1.7887	1.8228
May	1.8483	1.8014	1.8229
June	1.8744	1.8089	1.8283
July	1.8451	1.8000	1.8182
August	1.8325	1.7739	1.7959
September	1.8490	1.7901	1.8185
October	1.8558	1.8279	1.8401
November	1.8825	1.8120	1.8351
December	1.8560	1.7937	1.8222

2023 PHP থেকে CVE-এর ঐতিহাসিক পর্যালোচনা