2023 IDR to PHP Historical Review

YEARLY HIGH

0.0038 PHP

YEARLY LOW

0.0035 PHP

YEARLY AVERAGE

0.0036 PHP

2023 IDR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 15, valuing the pair at 0.0038. Conversely, the yearly low was recorded on January 9, dropping to 0.0035.

This high-to-low spread represents a total annual volatility of 0.0003 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0036 to the December average rate of 0.0036, the exchange rate registered a net change of -0.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0038 was down 3.01% compared to the 2022 peak of 0.0039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 37,893 PHP

2022 Average 36,693 PHP

Yearly Trough Low 35,137 PHP

Transaction Impact: A difference of 2,755.40 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0038

0.0036

JanuMarcMayJulySeptNove

IDR 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 0.0037, compared to 0.0036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0037

H2 Avg (Jul–Dec) 0.0036

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0002 PHP (High: 0.0038 / Low: 0.0036). On the other end, July was the most stable month, with a tight range of 0.0001 PHP (High: 0.0037 / Low: 0.0036).

April Spread (Volatile) ±0.0002

July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, 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 September and October, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0038) against the same month in 2022 (average: 0.0036), the exchange rate shifted by +0.0002 (+4.60%).

2023 Avg (May) 0.0038

2022 Avg (May) 0.0036

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0037	0.0035	0.0036
February	0.0037	0.0036	0.0036
March	0.0036	0.0035	0.0036
April	0.0038	0.0036	0.0037
May	0.0038	0.0037	0.0038
June	0.0038	0.0037	0.0037
July	0.0037	0.0036	0.0036
August	0.0037	0.0036	0.0037
September	0.0037	0.0037	0.0037
October	0.0037	0.0036	0.0036
November	0.0036	0.0035	0.0036
December	0.0036	0.0036	0.0036

૨૦૨૫ IDR થી PHP ઐતિહાસિક સમીક્ષા