૨૦૨૫ TOP થી PHP ઐતિહાસિક સમીક્ષા
૨૦૨૫ દરમ્યાન વિનિમય દરના પ્રદર્શનનું વ્યાપક વિશ્લેષણ.
2023 TOP to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the TOP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 23.9688. Conversely, the yearly low was recorded on March 27, dropping to 22.9406.
This high-to-low spread represents a total annual volatility of 1.0282 PHP. From a start-to-finish perspective, comparing the January average rate of 23.5811 to the December average rate of 23.6272, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 23.9688 was down 2.49% compared to the 2022 peak of 24.5809, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
TOP to PHP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 23.5071, compared to 23.5828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0757 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was April, with a trading range of 0.8426 PHP (High: 23.9326 / Low: 23.0901). On the other end, October was the most stable month, with a tight range of 0.2637 PHP (High: 23.8246 / Low: 23.5609).
Growth Streaks & Declines
TrendsBetween March and June, 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 October and November, when the average rate fell by 0.3086 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 23.7514) against the same month in 2022 (average: 24.1844), the exchange rate shifted by -0.4330 (-1.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.8771 | 23.2726 | 23.5811 |
| February | 23.7666 | 23.2107 | 23.4698 |
| March | 23.5526 | 22.9406 | 23.2046 |
| April | 23.9326 | 23.0901 | 23.4786 |
| May | 23.8789 | 23.4445 | 23.6413 |
| June | 23.8371 | 23.3322 | 23.6674 |
| July | 23.6575 | 23.1031 | 23.3828 |
| August | 23.9268 | 23.3586 | 23.6746 |
| September | 23.9688 | 23.6321 | 23.7514 |
| October | 23.8246 | 23.5609 | 23.6848 |
| November | 23.5699 | 23.1644 | 23.3761 |
| December | 23.8227 | 23.4089 | 23.6272 |