2023 CRC to PHP Historical Review

YEARLY HIGH

0.1076 PHP

YEARLY LOW

0.0929 PHP

YEARLY AVERAGE

0.1028 PHP

2023 CRC to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.1076. Conversely, the yearly low was recorded on January 9, dropping to 0.0929.

This high-to-low spread represents a total annual volatility of 0.0147 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0956 to the December average rate of 0.1057, the exchange rate registered a net change of 10.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1076 was up 11.21% compared to the 2022 peak of 0.0967, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 538 PHP

2022 Average 424 PHP

Yearly Trough Low 464 PHP

Transaction Impact: A difference of 73.48 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1079

0.0945

JanuMarcMayJulySeptNove

CRC 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 0.1006, compared to 0.1050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1006

H2 Avg (Jul–Dec) 0.1050

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0062 PHP (High: 0.0990 / Low: 0.0929). On the other end, October was the most stable month, with a tight range of 0.0018 PHP (High: 0.1076 / Low: 0.1057).

January Spread (Volatile) ±0.0062

October Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and May, 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 0.0017 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1068) against the same month in 2022 (average: 0.0942), the exchange rate shifted by +0.0125 (+13.32%).

2023 Avg (October) 0.1068

2022 Avg (October) 0.0942

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0990	0.0929	0.0956
February	0.0998	0.0939	0.0971
March	0.1023	0.0979	0.1003
April	0.1053	0.1002	0.1032
May	0.1051	0.1018	0.1038
June	0.1047	0.1018	0.1034
July	0.1030	0.0998	0.1016
August	0.1063	0.1007	0.1046
September	0.1075	0.1052	0.1060
October	0.1076	0.1057	0.1068
November	0.1068	0.1039	0.1050
December	0.1067	0.1045	0.1057