2023 CDF to PHP Historical Review

YEARLY HIGH

0.0274 PHP

YEARLY LOW

0.0199 PHP

YEARLY AVERAGE

0.0240 PHP

2023 CDF to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 15, valuing the pair at 0.0274. Conversely, the yearly low was recorded on December 21, dropping to 0.0199.

This high-to-low spread represents a total annual volatility of 0.0076 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0268 to the December average rate of 0.0204, the exchange rate registered a net change of -23.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0274 was down 5.18% compared to the 2022 peak of 0.0289, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 137 PHP

2022 Average 135 PHP

Yearly Trough Low 99 PHP

Transaction Impact: A difference of 37.76 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0275

0.0198

JanuMarcMayJulySeptNove

CDF 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 0.0259, compared to 0.0221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0259

H2 Avg (Jul–Dec) 0.0221

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0035 PHP (High: 0.0274 / Low: 0.0239). On the other end, September was the most stable month, with a tight range of 0.0004 PHP (High: 0.0231 / Low: 0.0227).

May Spread (Volatile) ±0.0035

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and September, 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 May and June, when the average rate fell by 0.0019 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0256) against the same month in 2022 (average: 0.0261), the exchange rate shifted by -0.0005 (-1.87%).

2023 Avg (May) 0.0256

2022 Avg (May) 0.0261

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0274	0.0263	0.0268
February	0.0270	0.0259	0.0266
March	0.0271	0.0260	0.0265
April	0.0273	0.0254	0.0266
May	0.0274	0.0239	0.0256
June	0.0242	0.0229	0.0236
July	0.0229	0.0214	0.0222
August	0.0231	0.0221	0.0227
September	0.0231	0.0227	0.0229
October	0.0230	0.0219	0.0226
November	0.0228	0.0204	0.0219
December	0.0210	0.0199	0.0204