YEARLY HIGH
2.5395 DZD
YEARLY LOW
2.3893 DZD
YEARLY AVERAGE
2.4447 DZD

2023 PHP to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.5395. Conversely, the yearly low was recorded on August 15, dropping to 2.3893.

This high-to-low spread represents a total annual volatility of 0.1501 DZD. From a start-to-finish perspective, comparing the January average rate of 2.4830 to the December average rate of 2.4229, the exchange rate registered a net change of -2.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5395 was down 9.24% compared to the 2022 peak of 2.7979, 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 634,865 DZD
2022 Average 653,483 DZD
Yearly Trough Low 597,334 DZD
Transaction Impact: A difference of 37,531.04 DZD purely based on transaction execution date.

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2.4952
2.4081
JanuMarcMayJulySeptNove

PHP to DZD 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 2.4642, compared to 2.4252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0390 points.

H1 Avg (Jan–Jun) 2.4642
H2 Avg (Jul–Dec) 2.4252

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0949 DZD (High: 2.5025 / Low: 2.4076). On the other end, June was the most stable month, with a tight range of 0.0303 DZD (High: 2.4570 / Low: 2.4268).

April Spread (Volatile) Âą0.0949
June Spread (Stable) Âą0.0303

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 July and August, when the average rate fell by 0.0444 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.4879) against the same month in 2022 (average: 2.7427), the exchange rate shifted by -0.2548 (-9.29%).

2023 Avg (February) 2.4879
2022 Avg (February) 2.7427

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Month High Low Average
January 2.4994 2.4502 2.4830
February 2.5395 2.4600 2.4879
March 2.5114 2.4547 2.4871
April 2.5025 2.4076 2.4518
May 2.4557 2.4225 2.4399
June 2.4570 2.4268 2.4354
July 2.4773 2.4336 2.4618
August 2.4707 2.3893 2.4174
September 2.4303 2.3996 2.4153
October 2.4338 2.3898 2.4184
November 2.4314 2.3974 2.4153
December 2.4373 2.4052 2.4229