2023 FJD to PHP Historical Review

YEARLY HIGH

25.5158 PHP

YEARLY LOW

24.2027 PHP

YEARLY AVERAGE

24.9450 PHP

2023 FJD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 25.5158. Conversely, the yearly low was recorded on November 18, dropping to 24.2027.

This high-to-low spread represents a total annual volatility of 1.3132 PHP. From a start-to-finish perspective, comparing the January average rate of 25.2216 to the December average rate of 25.0627, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 25.5158 was down 2.99% compared to the 2022 peak of 26.3030, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 127,579 PHP

2022 Average 124,448 PHP

Yearly Trough Low 121,013 PHP

Transaction Impact: A difference of 6,565.84 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

25.2777

24.6047

JanuMarcMayJulySeptNove

FJD 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 25.0011, compared to 24.8890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1121 points.

H1 Avg (Jan–Jun) 25.0011

H2 Avg (Jul–Dec) 24.8890

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 1.0181 PHP (High: 25.5158 / Low: 24.4978). On the other end, January was the most stable month, with a tight range of 0.4443 PHP (High: 25.4710 / Low: 25.0267).

April Spread (Volatile) ±1.0181

January Spread (Stable) ±0.4443

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 February and March, when the average rate fell by 0.3263 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3263

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 24.9654) against the same month in 2022 (average: 24.5815), the exchange rate shifted by +0.3839 (+1.56%).

2023 Avg (April) 24.9654

2022 Avg (April) 24.5815

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.4710	25.0267	25.2216
February	25.3048	24.6840	25.0017
March	25.0881	24.4044	24.6754
April	25.5158	24.4978	24.9654
May	25.3728	24.7639	25.0670
June	25.3953	24.4430	25.0756
July	25.0570	24.3826	24.7560
August	25.3410	24.4023	24.9580
September	25.2701	24.6875	25.0081
October	25.1746	24.6682	24.8883
November	24.9275	24.2027	24.6608
December	25.3797	24.6836	25.0627