2023 JOD to PHP Historical Review

YEARLY HIGH

80.6770 PHP

YEARLY LOW

75.6456 PHP

YEARLY AVERAGE

78.4158 PHP

2023 JOD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JOD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 80.6770. Conversely, the yearly low was recorded on February 5, dropping to 75.6456.

This high-to-low spread represents a total annual volatility of 5.0313 PHP. From a start-to-finish perspective, comparing the January average rate of 77.4345 to the December average rate of 78.2597, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 80.6770 was down 3.43% compared to the 2022 peak of 83.5402, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 403,385 PHP

2022 Average 384,358 PHP

Yearly Trough Low 378,228 PHP

Transaction Impact: A difference of 25,156.72 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

80.4420

76.8399

JanuMarcMayJulySeptNove

JOD 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 77.8429, compared to 78.9887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1458 points.

H1 Avg (Jan–Jun) 77.8429

H2 Avg (Jul–Dec) 78.9887

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 2.8672 PHP (High: 79.3769 / Low: 76.5097). On the other end, October was the most stable month, with a tight range of 0.6653 PHP (High: 80.4180 / Low: 79.7527).

April Spread (Volatile) ±2.8672

October Spread (Stable) ±0.6653

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 1.4855 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4855

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 80.1419) against the same month in 2022 (average: 81.3146), the exchange rate shifted by -1.1728 (-1.44%).

2023 Avg (September) 80.1419

2022 Avg (September) 81.3146

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	78.8482	76.6530	77.4345
February	78.2042	75.6456	77.3167
March	78.2633	76.2475	77.1401
April	79.3769	76.5097	77.8894
May	79.4530	77.9934	78.6073
June	79.2810	77.7463	78.6698
July	78.4748	76.6192	77.4199
August	80.3504	77.5116	79.5265
September	80.6770	79.8344	80.1419
October	80.4180	79.7527	80.0349
November	79.8971	77.7999	78.5494
December	78.7461	77.9320	78.2597