YEARLY HIGH
0.0436 TOP
YEARLY LOW
0.0417 TOP
YEARLY AVERAGE
0.0425 TOP

2023 PHP to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.0436. Conversely, the yearly low was recorded on September 26, dropping to 0.0417.

This high-to-low spread represents a total annual volatility of 0.0019 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0424 to the December average rate of 0.0423, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0436 was down 2.86% compared to the 2022 peak of 0.0449, 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 10,898 TOP
2022 Average 10,704 TOP
Yearly Trough Low 10,430 TOP
Transaction Impact: A difference of 467.48 TOP purely based on transaction execution date.

ट्रेंड विज़ुअलाइज़ेशन

2023 के दौरान महीने के औसत उतार-चढ़ाव।

0.0432
0.0420
JanuMarcMayJulySeptNove

PHP to TOP 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 0.0425, compared to 0.0424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0425
H2 Avg (Jul–Dec) 0.0424

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0015 TOP (High: 0.0433 / Low: 0.0418). On the other end, October was the most stable month, with a tight range of 0.0005 TOP (High: 0.0424 / Low: 0.0420).

April Spread (Volatile) ±0.0015
October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0431) against the same month in 2022 (average: 0.0434), the exchange rate shifted by -0.0003 (-0.76%).

2023 Avg (March) 0.0431
2022 Avg (March) 0.0434

महीने का ब्रेकडाउन

हर कैलेंडर महीने के लिए स्टैटिस्टिकल समरी।

Month High Low Average
January 0.0430 0.0419 0.0424
February 0.0431 0.0421 0.0426
March 0.0436 0.0425 0.0431
April 0.0433 0.0418 0.0426
May 0.0427 0.0419 0.0423
June 0.0429 0.0420 0.0423
July 0.0433 0.0423 0.0428
August 0.0428 0.0418 0.0422
September 0.0423 0.0417 0.0421
October 0.0424 0.0420 0.0422
November 0.0432 0.0424 0.0428
December 0.0427 0.0420 0.0423