YEARLY HIGH
5.5445 PHP
YEARLY LOW
4.9530 PHP
YEARLY AVERAGE
5.1503 PHP

2023 TJS to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 5.5445. Conversely, the yearly low was recorded on March 27, dropping to 4.9530.

This high-to-low spread represents a total annual volatility of 0.5915 PHP. From a start-to-finish perspective, comparing the January average rate of 5.3690 to the December average rate of 5.0753, the exchange rate registered a net change of -5.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 5.5445 was down 7.52% compared to the 2022 peak of 5.9957, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TJS based on timing:

Yearly Peak High 27,723 PHP
2022 Average 25,132 PHP
Yearly Trough Low 24,765 PHP
Transaction Impact: A difference of 2,957.43 PHP purely based on transaction execution date.

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5.4034
4.9907
JanuMarcMayJulySeptNove

TJS 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 5.1880, compared to 5.1127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0753 points.

H1 Avg (Jan–Jun) 5.1880
H2 Avg (Jul–Dec) 5.1127

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.5915 PHP (High: 5.5445 / Low: 4.9530). On the other end, October was the most stable month, with a tight range of 0.0645 PHP (High: 5.2155 / Low: 5.1510).

March Spread (Volatile) Âą0.5915
October Spread (Stable) Âą0.0645

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.1288 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 5.1944) against the same month in 2022 (average: 4.2042), the exchange rate shifted by +0.9903 (+23.55%).

2023 Avg (March) 5.1944
2022 Avg (March) 4.2042

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Month High Low Average
January 5.5093 5.2922 5.3690
February 5.5385 5.1161 5.2811
March 5.5445 4.9530 5.1944
April 5.1551 4.9705 5.0657
May 5.1638 5.0675 5.1077
June 5.1588 5.0498 5.1100
July 5.1133 4.9683 5.0251
August 5.1791 5.0095 5.1303
September 5.2130 5.1460 5.1717
October 5.2155 5.1510 5.1769
November 5.1768 5.0573 5.0968
December 5.1152 5.0497 5.0753