YEARLY HIGH
0.2737 PHP
YEARLY LOW
0.2520 PHP
YEARLY AVERAGE
0.2647 PHP

2023 GYD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.2737. Conversely, the yearly low was recorded on February 5, dropping to 0.2520.

This high-to-low spread represents a total annual volatility of 0.0217 PHP. From a start-to-finish perspective, comparing the January average rate of 0.2620 to the December average rate of 0.2650, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2737 was down 3.84% compared to the 2022 peak of 0.2846, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GYD based on timing:

Yearly Peak High 1,369 PHP
2022 Average 1,303 PHP
Yearly Trough Low 1,260 PHP
Transaction Impact: A difference of 108.68 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2727
0.2586
JanuMarcMayJulySeptNove

GYD to PHP 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 0.2618, compared to 0.2675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.2618
H2 Avg (Jul–Dec) 0.2675

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0127 PHP (High: 0.2646 / Low: 0.2520). On the other end, October was the most stable month, with a tight range of 0.0027 PHP (High: 0.2728 / Low: 0.2701).

February Spread (Volatile) ±0.0127
October Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between 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 0.0050 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.2715) against the same month in 2022 (average: 0.2757), the exchange rate shifted by -0.0042 (-1.53%).

2023 Avg (September) 0.2715
2022 Avg (September) 0.2757

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2675 0.2575 0.2620
February 0.2646 0.2520 0.2599
March 0.2633 0.2565 0.2598
April 0.2662 0.2568 0.2614
May 0.2666 0.2616 0.2638
June 0.2663 0.2607 0.2639
July 0.2656 0.2588 0.2617
August 0.2717 0.2623 0.2690
September 0.2737 0.2702 0.2715
October 0.2728 0.2701 0.2715
November 0.2709 0.2633 0.2664
December 0.2670 0.2633 0.2650