2023 PHP to RSD Historical Review

YEARLY HIGH

2.0241 RSD

YEARLY LOW

1.8898 RSD

YEARLY AVERAGE

1.9496 RSD

2023 PHP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 2.0241. Conversely, the yearly low was recorded on August 30, dropping to 1.8898.

This high-to-low spread represents a total annual volatility of 0.1343 RSD. From a start-to-finish perspective, comparing the January average rate of 1.9808 to the December average rate of 1.9333, the exchange rate registered a net change of -2.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.0241 was down 6.36% compared to the 2022 peak of 2.1616, 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 506,020 RSD

2022 Average 512,440 RSD

Yearly Trough Low 472,452 RSD

Transaction Impact: A difference of 33,568.25 RSD purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2023 সাল জুড়ে মাসিক গড় ওঠানামা।

2.0095

1.9002

JanuMarcMayJulySeptNove

PHP to RSD 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 1.9646, compared to 1.9346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0301 points.

H1 Avg (Jan–Jun) 1.9646

H2 Avg (Jul–Dec) 1.9346

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0954 RSD (High: 1.9937 / Low: 1.8983). On the other end, January was the most stable month, with a tight range of 0.0329 RSD (High: 1.9970 / Low: 1.9641).

April Spread (Volatile) ±0.0954

January Spread (Stable) ±0.0329

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 0.0652 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0652

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.0004) against the same month in 2022 (average: 2.0507), the exchange rate shifted by -0.0504 (-2.46%).

2023 Avg (March) 2.0004

2022 Avg (March) 2.0507

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	1.9970	1.9641	1.9808
February	2.0210	1.9702	1.9989
March	2.0241	1.9798	2.0004
April	1.9937	1.8983	1.9351
May	1.9570	1.9129	1.9352
June	1.9545	1.9192	1.9374
July	1.9487	1.9156	1.9309
August	1.9409	1.8898	1.9093
September	1.9597	1.9132	1.9343
October	1.9718	1.9375	1.9547
November	1.9677	1.9215	1.9449
December	1.9670	1.8980	1.9333

2023 PHP থেকে RSD-এর ঐতিহাসিক পর্যালোচনা