YEARLY HIGH
10.6920 SOS
YEARLY LOW
9.9664 SOS
YEARLY AVERAGE
10.2391 SOS

2023 PHP to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 10.6920. Conversely, the yearly low was recorded on September 26, dropping to 9.9664.

This high-to-low spread represents a total annual volatility of 0.7256 SOS. From a start-to-finish perspective, comparing the January average rate of 10.3533 to the December average rate of 10.2980, the exchange rate registered a net change of -0.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.6920 was down 6.63% compared to the 2022 peak of 11.4510, 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 2,672,992 SOS
2022 Average 2,646,370 SOS
Yearly Trough Low 2,491,597 SOS
Transaction Impact: A difference of 181,394.92 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.4126
10.0048
JanuMarcMayJulySeptNove

PHP to SOS 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 10.2947, compared to 10.1834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1113 points.

H1 Avg (Jan–Jun) 10.2947
H2 Avg (Jul–Dec) 10.1834

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.5106 SOS (High: 10.6920 / Low: 10.1814). On the other end, October was the most stable month, with a tight range of 0.0936 SOS (High: 10.0986 / Low: 10.0050).

February Spread (Volatile) ±0.5106
October Spread (Stable) ±0.0936

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 0.2492 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2492

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 10.3678) against the same month in 2022 (average: 11.3338), the exchange rate shifted by -0.9660 (-8.52%).

2023 Avg (February) 10.3678
2022 Avg (February) 11.3338

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.4599 10.1598 10.3533
February 10.6920 10.1814 10.3678
March 10.5081 10.2416 10.3786
April 10.4711 10.0989 10.2826
May 10.2898 10.0837 10.1955
June 10.3263 10.1215 10.1903
July 10.4733 10.1755 10.3592
August 10.3751 10.0100 10.1100
September 10.1095 9.9664 10.0388
October 10.0986 10.0050 10.0545
November 10.3502 10.0723 10.2401
December 10.3435 10.2227 10.2980