2023 PHP āĻĨā§āĻā§ NAD-āĻāϰ āĻāϤāĻŋāĻšāĻžāϏāĻŋāĻ āĻĒāϰā§āϝāĻžāϞā§āĻāύāĻž
2023 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŦāĻŋāύāĻŋāĻŽāϝāĻŧ āĻšāĻžāϰā§āϰ āĻāϰā§āĻŽāĻā§āώāĻŽāϤāĻžāϰ āĻāĻāĻāĻŋ āĻŦāĻŋāĻļāĻĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖāĨ¤
2023 PHP to NAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PHP to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.3578. Conversely, the yearly low was recorded on January 5, dropping to 0.3020.
This high-to-low spread represents a total annual volatility of 0.0558 NAD. From a start-to-finish perspective, comparing the January average rate of 0.3110 to the December average rate of 0.3366, the exchange rate registered a net change of 8.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 0.3578 was up 12.07% compared to the 2022 peak of 0.3192, 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 NAD 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 0.3296, compared to 0.3356 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 0.0059 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 0.0327 NAD (High: 0.3578 / Low: 0.3251). On the other end, September was the most stable month, with a tight range of 0.0093 NAD (High: 0.3382 / Low: 0.3289).
Growth Streaks & Declines
TrendsBetween 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 May and June, when the average rate fell by 0.0066 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 0.3365) against the same month in 2022 (average: 0.3049), the exchange rate shifted by +0.0316 (+10.38%).
āĻŽāĻžāϏāĻŋāĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖ
āĻĒā§āϰāϤāĻŋāĻāĻŋ āĻā§āϝāĻžāϞā§āύā§āĻĄāĻžāϰ āĻŽāĻžāϏā§āϰ āĻĒāϰāĻŋāϏāĻāĻā§āϝāĻžāύāĻāϤ āϏāĻžāϰāϏāĻāĻā§āώā§āĻĒāĨ¤
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.3175 | 0.3020 | 0.3110 |
| February | 0.3345 | 0.3109 | 0.3259 |
| March | 0.3397 | 0.3273 | 0.3340 |
| April | 0.3382 | 0.3222 | 0.3290 |
| May | 0.3525 | 0.3297 | 0.3422 |
| June | 0.3516 | 0.3260 | 0.3357 |
| July | 0.3399 | 0.3210 | 0.3323 |
| August | 0.3487 | 0.3259 | 0.3347 |
| September | 0.3382 | 0.3289 | 0.3341 |
| October | 0.3553 | 0.3301 | 0.3392 |
| November | 0.3578 | 0.3251 | 0.3365 |
| December | 0.3433 | 0.3275 | 0.3366 |