2023 PHP to QAR Historical Review

YEARLY HIGH

0.0686 QAR

YEARLY LOW

0.0636 QAR

YEARLY AVERAGE

0.0655 QAR

2023 PHP to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0686. Conversely, the yearly low was recorded on September 26, dropping to 0.0636.

This high-to-low spread represents a total annual volatility of 0.0050 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0663 to the December average rate of 0.0656, the exchange rate registered a net change of -1.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0686 was down 3.95% compared to the 2022 peak of 0.0714, 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 17,156 QAR

2022 Average 16,750 QAR

Yearly Trough Low 15,896 QAR

Transaction Impact: A difference of 1,260.16 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0669

0.0639

JanuMarcMayJulySeptNove

PHP to QAR 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 0.0660, compared to 0.0650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0660

H2 Avg (Jul–Dec) 0.0650

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0032 QAR (High: 0.0686 / Low: 0.0654). On the other end, October was the most stable month, with a tight range of 0.0005 QAR (High: 0.0644 / Low: 0.0639).

February Spread (Volatile) ±0.0032

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0665) against the same month in 2022 (average: 0.0710), the exchange rate shifted by -0.0045 (-6.33%).

2023 Avg (February) 0.0665

2022 Avg (February) 0.0710

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0670	0.0651	0.0663
February	0.0686	0.0654	0.0665
March	0.0677	0.0656	0.0666
April	0.0677	0.0647	0.0660
May	0.0658	0.0646	0.0653
June	0.0660	0.0647	0.0653
July	0.0670	0.0654	0.0663
August	0.0663	0.0640	0.0647
September	0.0643	0.0636	0.0641
October	0.0644	0.0639	0.0642
November	0.0660	0.0643	0.0653
December	0.0660	0.0652	0.0656

૨૦૨૫ PHP થી QAR ઐતિહાસિક સમીક્ષા