2023 BZD to PHP Historical Review

YEARLY HIGH

28.4096 PHP

YEARLY LOW

26.3772 PHP

YEARLY AVERAGE

27.6051 PHP

2023 BZD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 28.4096. Conversely, the yearly low was recorded on February 5, dropping to 26.3772.

This high-to-low spread represents a total annual volatility of 2.0324 PHP. From a start-to-finish perspective, comparing the January average rate of 27.2527 to the December average rate of 27.5152, the exchange rate registered a net change of 0.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 28.4096 was down 3.83% compared to the 2022 peak of 29.5397, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142,048 PHP

2022 Average 135,219 PHP

Yearly Trough Low 131,886 PHP

Transaction Impact: A difference of 10,161.87 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28.2868

27.1128

JanuMarcMayJulySeptNove

BZD 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 27.4160, compared to 27.7942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3783 points.

H1 Avg (Jan–Jun) 27.4160

H2 Avg (Jul–Dec) 27.7942

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.3255 PHP (High: 27.7027 / Low: 26.3772). On the other end, October was the most stable month, with a tight range of 0.2677 PHP (High: 28.3391 / Low: 28.0714).

February Spread (Volatile) ±1.3255

October Spread (Stable) ±0.2677

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.5142 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 28.1813) against the same month in 2022 (average: 28.6217), the exchange rate shifted by -0.4404 (-1.54%).

2023 Avg (September) 28.1813

2022 Avg (September) 28.6217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.7598	26.9574	27.2527
February	27.7027	26.3772	27.2106
March	27.5676	26.8453	27.2204
April	27.9271	26.9405	27.4394
May	27.9709	27.4527	27.6808
June	27.9475	27.3579	27.6919
July	27.7647	26.9726	27.2719
August	28.2111	27.2261	27.9334
September	28.4096	28.0445	28.1813
October	28.3391	28.0714	28.1889
November	28.1321	27.3864	27.6747
December	27.7111	27.3305	27.5152