YEARLY HIGH
14.2871 PHP
YEARLY LOW
12.1918 PHP
YEARLY AVERAGE
13.2614 PHP

2023 PLN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 14.2871. Conversely, the yearly low was recorded on February 12, dropping to 12.1918.

This high-to-low spread represents a total annual volatility of 2.0953 PHP. From a start-to-finish perspective, comparing the January average rate of 12.6740 to the December average rate of 13.9991, the exchange rate registered a net change of 10.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.2871 was up 9.62% compared to the 2022 peak of 13.0338, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 285,743 PHP
2022 Average 244,785 PHP
Yearly Trough Low 243,836 PHP
Transaction Impact: A difference of 41,906.83 PHP purely based on transaction execution date.

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14.1616
12.2116
JanuMarcMayJulySeptNove

PLN to PHP 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 12.9194, compared to 13.6035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6841 points.

H1 Avg (Jan–Jun) 12.9194
H2 Avg (Jul–Dec) 13.6035

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.8747 PHP (High: 13.4154 / Low: 12.5407). On the other end, July was the most stable month, with a tight range of 0.2745 PHP (High: 13.7823 / Low: 13.5077).

April Spread (Volatile) Âą0.8747
July Spread (Stable) Âą0.2745

Growth Streaks & Declines

Trends

Between February and August, 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 August and September, when the average rate fell by 0.5942 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.5942

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 13.9991) against the same month in 2022 (average: 12.5711), the exchange rate shifted by +1.4280 (+11.36%).

2023 Avg (December) 13.9991
2022 Avg (December) 12.5711

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Month High Low Average
January 13.1550 12.4924 12.6740
February 12.6705 12.1918 12.3741
March 12.6670 12.3354 12.4908
April 13.4154 12.5407 13.0612
May 13.5829 13.2285 13.3466
June 13.7807 13.3386 13.5694
July 13.7823 13.5077 13.6615
August 13.9751 13.5808 13.7772
September 13.7047 12.9016 13.1831
October 13.5596 12.8473 13.3023
November 14.1291 13.4261 13.6978
December 14.2871 13.7641 13.9991