2023 PHP to SRD Historical Review

YEARLY HIGH

0.7056 SRD

YEARLY LOW

0.5647 SRD

YEARLY AVERAGE

0.6578 SRD

2023 PHP to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.7056. Conversely, the yearly low was recorded on January 4, dropping to 0.5647.

This high-to-low spread represents a total annual volatility of 0.1409 SRD. From a start-to-finish perspective, comparing the January average rate of 0.5792 to the December average rate of 0.6730, the exchange rate registered a net change of 16.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7056 was up 22.68% compared to the 2022 peak of 0.5752, 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 176,405 SRD

2022 Average 110,720 SRD

Yearly Trough Low 141,172 SRD

Transaction Impact: A difference of 35,233.81 SRD purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2023 সাল জুড়ে মাসিক গড় ওঠানামা।

0.7033

0.5680

JanuMarcMayJulySeptNove

PHP to SRD 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 0.6367, compared to 0.6788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0421 points.

H1 Avg (Jan–Jun) 0.6367

H2 Avg (Jul–Dec) 0.6788

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0611 SRD (High: 0.6649 / Low: 0.6038). On the other end, October was the most stable month, with a tight range of 0.0092 SRD (High: 0.6764 / Low: 0.6672).

March Spread (Volatile) ±0.0611

October Spread (Stable) ±0.0092

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0122 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.6920) against the same month in 2022 (average: 0.4097), the exchange rate shifted by +0.2823 (+68.90%).

2023 Avg (July) 0.6920

2022 Avg (July) 0.4097

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	0.5953	0.5647	0.5792
February	0.6124	0.5855	0.5981
March	0.6649	0.6038	0.6321
April	0.6734	0.6532	0.6656
May	0.6807	0.6611	0.6696
June	0.6898	0.6637	0.6756
July	0.7056	0.6693	0.6920
August	0.7024	0.6717	0.6798
September	0.6795	0.6679	0.6744
October	0.6764	0.6672	0.6719
November	0.6894	0.6723	0.6818
December	0.6845	0.6632	0.6730

2023 PHP থেকে SRD-এর ঐতিহাসিক পর্যালোচনা