2023 BRL to PHP Historical Review

YEARLY HIGH

11.6843 PHP

YEARLY LOW

10.2117 PHP

YEARLY AVERAGE

11.1449 PHP

2023 BRL to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 11.6843. Conversely, the yearly low was recorded on January 3, dropping to 10.2117.

This high-to-low spread represents a total annual volatility of 1.4726 PHP. From a start-to-finish perspective, comparing the January average rate of 10.5911 to the December average rate of 11.3381, the exchange rate registered a net change of 7.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.6843 was up 1.04% compared to the 2022 peak of 11.5638, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 292,106 PHP

2022 Average 264,239 PHP

Yearly Trough Low 255,292 PHP

Transaction Impact: A difference of 36,813.80 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.6028

10.4038

JanuMarcMayJulySeptNove

BRL 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 10.9025, compared to 11.3873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4848 points.

H1 Avg (Jan–Jun) 10.9025

H2 Avg (Jul–Dec) 11.3873

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.6230 PHP (High: 11.3415 / Low: 10.7184). On the other end, November was the most stable month, with a tight range of 0.2442 PHP (High: 11.5186 / Low: 11.2744).

April Spread (Volatile) ±0.6230

November Spread (Stable) ±0.2442

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.2670 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2670

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 11.4725) against the same month in 2022 (average: 10.8721), the exchange rate shifted by +0.6004 (+5.52%).

2023 Avg (August) 11.4725

2022 Avg (August) 10.8721

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.7956	10.2117	10.5911
February	10.7414	10.3266	10.5910
March	10.7670	10.2463	10.5037
April	11.3415	10.7184	11.0193
May	11.4701	10.9994	11.2072
June	11.6799	11.1835	11.5029
July	11.6225	11.3050	11.4427
August	11.6843	11.2884	11.4725
September	11.6812	11.2548	11.4840
October	11.4383	10.9687	11.2170
November	11.5186	11.2744	11.3693
December	11.5164	11.1924	11.3381