2023 NAD to PHP Historical Review

YEARLY HIGH

3.3112 PHP

YEARLY LOW

2.7950 PHP

YEARLY AVERAGE

3.0093 PHP

2023 NAD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 3.3112. Conversely, the yearly low was recorded on November 13, dropping to 2.7950.

This high-to-low spread represents a total annual volatility of 0.5163 PHP. From a start-to-finish perspective, comparing the January average rate of 3.2167 to the December average rate of 2.9719, the exchange rate registered a net change of -7.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.3112 was down 7.63% compared to the 2022 peak of 3.5849, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,556 PHP

2022 Average 16,736 PHP

Yearly Trough Low 13,975 PHP

Transaction Impact: A difference of 2,581.47 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.2460

2.8942

JanuMarcMayJulySeptNove

NAD 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 3.0374, compared to 2.9812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0563 points.

H1 Avg (Jan–Jun) 3.0374

H2 Avg (Jul–Dec) 2.9812

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.2812 PHP (High: 3.0762 / Low: 2.7950). On the other end, September was the most stable month, with a tight range of 0.0835 PHP (High: 3.0405 / Low: 2.9570).

November Spread (Volatile) ±0.2812

September Spread (Stable) ±0.0835

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 0.1476 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1476

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 3.2167) against the same month in 2022 (average: 3.3046), the exchange rate shifted by -0.0879 (-2.66%).

2023 Avg (January) 3.2167

2022 Avg (January) 3.3046

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.3112	3.1499	3.2167
February	3.2164	2.9899	3.0691
March	3.0556	2.9441	2.9945
April	3.1034	2.9565	3.0400
May	3.0328	2.8366	2.9235
June	3.0679	2.8439	2.9808
July	3.1150	2.9416	3.0104
August	3.0680	2.8680	2.9882
September	3.0405	2.9570	2.9934
October	3.0293	2.8144	2.9499
November	3.0762	2.7950	2.9731
December	3.0533	2.9128	2.9719

૨૦૨૫ NAD થી PHP ઐતિહાસિક સમીક્ષા