YEARLY HIGH
0.1646 SVC
YEARLY LOW
0.1528 SVC
YEARLY AVERAGE
0.1573 SVC

2023 PHP to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.1646. Conversely, the yearly low was recorded on September 26, dropping to 0.1528.

This high-to-low spread represents a total annual volatility of 0.0118 SVC. From a start-to-finish perspective, comparing the January average rate of 0.1593 to the December average rate of 0.1578, the exchange rate registered a net change of -0.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1646 was down 4.13% compared to the 2022 peak of 0.1717, 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 41,143 SVC
2022 Average 40,225 SVC
Yearly Trough Low 38,197 SVC
Transaction Impact: A difference of 2,945.74 SVC purely based on transaction execution date.

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0.1602
0.1534
JanuMarcMayJulySeptNove

PHP to SVC 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 0.1584, compared to 0.1562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1584
H2 Avg (Jul–Dec) 0.1562

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0079 SVC (High: 0.1646 / Low: 0.1567). On the other end, October was the most stable month, with a tight range of 0.0015 SVC (High: 0.1546 / Low: 0.1532).

February Spread (Volatile) Âą0.0079
October Spread (Stable) Âą0.0015

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 July and August, when the average rate fell by 0.0038 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1595) against the same month in 2022 (average: 0.1705), the exchange rate shifted by -0.0110 (-6.45%).

2023 Avg (February) 0.1595
2022 Avg (February) 0.1705

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Month High Low Average
January 0.1611 0.1564 0.1593
February 0.1646 0.1567 0.1595
March 0.1617 0.1575 0.1596
April 0.1611 0.1554 0.1582
May 0.1581 0.1552 0.1568
June 0.1587 0.1553 0.1568
July 0.1609 0.1563 0.1592
August 0.1594 0.1539 0.1554
September 0.1548 0.1528 0.1540
October 0.1546 0.1532 0.1540
November 0.1585 0.1543 0.1569
December 0.1588 0.1567 0.1578