2023 PHP to DKK Historical Review

YEARLY HIGH

0.1286 DKK

YEARLY LOW

0.1201 DKK

YEARLY AVERAGE

0.1239 DKK

2023 PHP to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.1286. Conversely, the yearly low was recorded on August 30, dropping to 0.1201.

This high-to-low spread represents a total annual volatility of 0.0085 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1256 to the December average rate of 0.1230, the exchange rate registered a net change of -2.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1286 was down 6.06% compared to the 2022 peak of 0.1368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 32,138 DKK

2022 Average 32,463 DKK

Yearly Trough Low 30,024 DKK

Transaction Impact: A difference of 2,114.39 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1277

0.1208

JanuMarcMayJulySeptNove

PHP to DKK 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 0.1248, compared to 0.1230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1248

H2 Avg (Jul–Dec) 0.1230

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0064 DKK (High: 0.1270 / Low: 0.1206). On the other end, October was the most stable month, with a tight range of 0.0020 DKK (High: 0.1254 / Low: 0.1234).

April Spread (Volatile) ±0.0064

October Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0040 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1269) against the same month in 2022 (average: 0.1279), the exchange rate shifted by -0.0010 (-0.78%).

2023 Avg (February) 0.1269

2022 Avg (February) 0.1279

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1265	0.1245	0.1256
February	0.1286	0.1248	0.1269
March	0.1285	0.1258	0.1271
April	0.1270	0.1206	0.1231
May	0.1243	0.1216	0.1230
June	0.1243	0.1219	0.1231
July	0.1239	0.1217	0.1227
August	0.1233	0.1201	0.1214
September	0.1246	0.1216	0.1230
October	0.1254	0.1234	0.1244
November	0.1249	0.1221	0.1237
December	0.1251	0.1208	0.1230

૨૦૨૫ PHP થી DKK ઐતિહાસિક સમીક્ષા