YEARLY HIGH
383.1165 SLL
YEARLY LOW
313.4538 SLL
YEARLY AVERAGE
342.8393 SLL

2023 PHP to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 383.1165. Conversely, the yearly low was recorded on May 31, dropping to 313.4538.

This high-to-low spread represents a total annual volatility of 69.6628 SLL. From a start-to-finish perspective, comparing the January average rate of 321.5953 to the December average rate of 377.6968, the exchange rate registered a net change of 17.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 383.1165 was up 19.15% compared to the 2022 peak of 321.5326, 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 95,779,128 SLL
2022 Average 62,750,222 SLL
Yearly Trough Low 78,363,438 SLL
Transaction Impact: A difference of 17,415,690.13 SLL purely based on transaction execution date.

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383.8132
310.4165
JanuMarcMayJulySeptNove

PHP to SLL 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 319.9136, compared to 365.7649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 45.8513 points.

H1 Avg (Jan–Jun) 319.9136
H2 Avg (Jul–Dec) 365.7649

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 65.8002 SLL (High: 383.1165 / Low: 317.3164). On the other end, October was the most stable month, with a tight range of 2.8579 SLL (High: 370.4826 / Low: 367.6248).

July Spread (Volatile) Âą65.8002
October Spread (Stable) Âą2.8579

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 3.2211 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.2211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 329.5198) against the same month in 2022 (average: 242.0952), the exchange rate shifted by +87.4246 (+36.11%).

2023 Avg (July) 329.5198
2022 Avg (July) 242.0952

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Month High Low Average
January 324.8138 315.6155 321.5953
February 329.1840 318.1450 322.0622
March 326.5853 318.1736 322.7803
April 325.4661 313.7099 319.7486
May 319.2300 313.4538 316.7626
June 320.2444 314.1338 316.5329
July 383.1165 317.3164 329.5198
August 381.9477 368.7139 372.4550
September 370.2340 366.1867 369.2339
October 370.4826 367.6248 369.3157
November 379.9959 369.9695 376.3684
December 379.2982 375.3770 377.6968