2023 PHP to PEN Historical Review

YEARLY HIGH

0.0718 PEN

YEARLY LOW

0.0648 PEN

YEARLY AVERAGE

0.0673 PEN

2023 PHP to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0718. Conversely, the yearly low was recorded on June 25, dropping to 0.0648.

This high-to-low spread represents a total annual volatility of 0.0070 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0696 to the December average rate of 0.0673, the exchange rate registered a net change of -3.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0718 was down 8.23% compared to the 2022 peak of 0.0782, 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 17,947 PEN

2022 Average 17,610 PEN

Yearly Trough Low 16,191 PEN

Transaction Impact: A difference of 1,755.42 PEN purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2023 সাল জুড়ে মাসিক গড় ওঠানামা।

0.0704

0.0649

JanuMarcMayJulySeptNove

PHP to PEN 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 0.0680, compared to 0.0665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0680

H2 Avg (Jul–Dec) 0.0665

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0037 PEN (High: 0.0717 / Low: 0.0680). On the other end, July was the most stable month, with a tight range of 0.0010 PEN (High: 0.0660 / Low: 0.0650).

January Spread (Volatile) ±0.0037

July Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0019 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0700) against the same month in 2022 (average: 0.0739), the exchange rate shifted by -0.0039 (-5.33%).

2023 Avg (February) 0.0700

2022 Avg (February) 0.0739

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	0.0717	0.0680	0.0696
February	0.0718	0.0686	0.0700
March	0.0699	0.0682	0.0690
April	0.0694	0.0663	0.0680
May	0.0671	0.0651	0.0661
June	0.0661	0.0648	0.0653
July	0.0660	0.0650	0.0655
August	0.0665	0.0649	0.0656
September	0.0670	0.0648	0.0656
October	0.0684	0.0668	0.0676
November	0.0695	0.0670	0.0677
December	0.0680	0.0664	0.0673

2023 PHP থেকে PEN-এর ঐতিহাসিক পর্যালোচনা