2023 PHP to GMD Historical Review

YEARLY HIGH

1.2191 GMD

YEARLY LOW

1.0569 GMD

YEARLY AVERAGE

1.1202 GMD

2023 PHP to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 1.2191. Conversely, the yearly low was recorded on May 30, dropping to 1.0569.

This high-to-low spread represents a total annual volatility of 0.1622 GMD. From a start-to-finish perspective, comparing the January average rate of 1.1292 to the December average rate of 1.2131, the exchange rate registered a net change of 7.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.2191 was up 8.09% compared to the 2022 peak of 1.1278, 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 304,779 GMD

2022 Average 254,284 GMD

Yearly Trough Low 264,230 GMD

Transaction Impact: A difference of 40,548.78 GMD purely based on transaction execution date.

ट्रेंड विज़ुअलाइज़ेशन

2023 के दौरान महीने के औसत उतार-चढ़ाव।

1.2279

1.0511

JanuMarcMayJulySeptNove

PHP to GMD 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 1.1037, compared to 1.1367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0330 points.

H1 Avg (Jan–Jun) 1.1037

H2 Avg (Jul–Dec) 1.1367

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0877 GMD (High: 1.1469 / Low: 1.0592). On the other end, December was the most stable month, with a tight range of 0.0175 GMD (High: 1.2178 / Low: 1.2002).

September Spread (Volatile) ±0.0877

December Spread (Stable) ±0.0175

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0477 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0477

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 1.2007) against the same month in 2022 (average: 1.0653), the exchange rate shifted by +0.1354 (+12.71%).

2023 Avg (November) 1.2007

2022 Avg (November) 1.0653

महीने का ब्रेकडाउन

हर कैलेंडर महीने के लिए स्टैटिस्टिकल समरी।

Month	High	Low	Average
January	1.1481	1.1080	1.1292
February	1.1395	1.1013	1.1139
March	1.1451	1.1005	1.1217
April	1.1451	1.0806	1.1195
May	1.0879	1.0569	1.0719
June	1.0812	1.0574	1.0658
July	1.0976	1.0706	1.0863
August	1.0997	1.0656	1.0761
September	1.1469	1.0592	1.0884
October	1.1638	1.1353	1.1556
November	1.2191	1.1477	1.2007
December	1.2178	1.2002	1.2131

2023 PHP से GMD हिस्टोरिकल रिव्यू