2023 GNF to PHP Historical Review

YEARLY HIGH

0.0066 PHP

YEARLY LOW

0.0062 PHP

YEARLY AVERAGE

0.0065 PHP

2023 GNF to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GNF to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0066. Conversely, the yearly low was recorded on February 5, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0005 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0063 to the December average rate of 0.0065, the exchange rate registered a net change of 1.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0066 was down 3.20% compared to the 2022 peak of 0.0069, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33 PHP

2022 Average 31 PHP

Yearly Trough Low 31 PHP

Transaction Impact: A difference of 2.36 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0066

0.0063

JanuMarcMayJulySeptNove

GNF 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 0.0064, compared to 0.0065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0064

H2 Avg (Jul–Dec) 0.0065

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0003 PHP (High: 0.0065 / Low: 0.0062). On the other end, December was the most stable month, with a tight range of 0.0001 PHP (High: 0.0065 / Low: 0.0064).

February Spread (Volatile) ±0.0003

December Spread (Stable) ±0.0001

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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0066) against the same month in 2022 (average: 0.0066), the exchange rate shifted by -0.0000 (-0.54%).

2023 Avg (September) 0.0066

2022 Avg (September) 0.0066

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0065	0.0062	0.0063
February	0.0065	0.0062	0.0063
March	0.0065	0.0062	0.0063
April	0.0065	0.0063	0.0064
May	0.0065	0.0064	0.0065
June	0.0065	0.0064	0.0065
July	0.0065	0.0063	0.0064
August	0.0066	0.0064	0.0065
September	0.0066	0.0065	0.0066
October	0.0066	0.0066	0.0066
November	0.0066	0.0064	0.0065
December	0.0065	0.0064	0.0065