YEARLY HIGH
0.3622 PHP
YEARLY LOW
0.2935 PHP
YEARLY AVERAGE
0.3201 PHP

2023 LRD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.3622. Conversely, the yearly low was recorded on November 20, dropping to 0.2935.

This high-to-low spread represents a total annual volatility of 0.0686 PHP. From a start-to-finish perspective, comparing the January average rate of 0.3536 to the December average rate of 0.2950, the exchange rate registered a net change of -16.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3622 was down 6.14% compared to the 2022 peak of 0.3859, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,811 PHP
2022 Average 1,783 PHP
Yearly Trough Low 1,468 PHP
Transaction Impact: A difference of 343.20 PHP purely based on transaction execution date.

ट्रेंड विज़ुअलाइज़ेशन

2023 के दौरान महीने के औसत उतार-चढ़ाव।

0.3594
0.2891
JanuMarcMayJulySeptNove

LRD 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 0.3400, compared to 0.3002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0398 points.

H1 Avg (Jan–Jun) 0.3400
H2 Avg (Jul–Dec) 0.3002

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0247 PHP (High: 0.3316 / Low: 0.3069). On the other end, October was the most stable month, with a tight range of 0.0027 PHP (High: 0.3053 / Low: 0.3026).

June Spread (Volatile) ±0.0247
October Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0208 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3536) against the same month in 2022 (average: 0.3429), the exchange rate shifted by +0.0107 (+3.12%).

2023 Avg (January) 0.3536
2022 Avg (January) 0.3429

महीने का ब्रेकडाउन

हर कैलेंडर महीने के लिए स्टैटिस्टिकल समरी।

Month High Low Average
January 0.3622 0.3473 0.3536
February 0.3611 0.3432 0.3506
March 0.3538 0.3345 0.3433
April 0.3454 0.3344 0.3387
May 0.3359 0.3312 0.3340
June 0.3316 0.3069 0.3197
July 0.3069 0.2936 0.2989
August 0.3054 0.2944 0.3022
September 0.3070 0.3037 0.3048
October 0.3053 0.3026 0.3038
November 0.3023 0.2935 0.2967
December 0.2976 0.2938 0.2950