YEARLY HIGH
46.8205 SYP
YEARLY LOW
43.8759 SYP
YEARLY AVERAGE
45.1870 SYP

2023 PHP to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 46.8205. Conversely, the yearly low was recorded on September 26, dropping to 43.8759.

This high-to-low spread represents a total annual volatility of 2.9447 SYP. From a start-to-finish perspective, comparing the January average rate of 45.7412 to the December average rate of 45.2550, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 46.8205 was down 5.02% compared to the 2022 peak of 49.2936, 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 11,705,132 SYP
2022 Average 11,549,402 SYP
Yearly Trough Low 10,968,968 SYP
Transaction Impact: A difference of 736,164.65 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

46.0766
44.0741
JanuMarcMayJulySeptNove

PHP to SYP 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 45.5020, compared to 44.8721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6299 points.

H1 Avg (Jan–Jun) 45.5020
H2 Avg (Jul–Dec) 44.8721

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 1.6721 SYP (High: 46.2917 / Low: 44.6196). On the other end, October was the most stable month, with a tight range of 0.3424 SYP (High: 44.3906 / Low: 44.0482).

April Spread (Volatile) ±1.6721
October Spread (Stable) ±0.3424

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 1.1361 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1361

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 45.8076) against the same month in 2022 (average: 48.9650), the exchange rate shifted by -3.1574 (-6.45%).

2023 Avg (February) 45.8076
2022 Avg (February) 48.9650

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.1990 44.8907 45.7412
February 46.8205 45.2504 45.8076
March 46.4509 45.2545 45.9097
April 46.2917 44.6196 45.4785
May 45.4047 44.5832 45.0538
June 45.5490 44.6799 45.0211
July 46.2321 45.1326 45.7630
August 45.7643 44.1787 44.6269
September 44.3608 43.8759 44.2410
October 44.3906 44.0482 44.2508
November 45.5305 44.3291 45.0958
December 45.4469 44.9770 45.2550