YEARLY HIGH
0.1288 PHP
YEARLY LOW
0.1161 PHP
YEARLY AVERAGE
0.1219 PHP

2023 KZT to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.1288. Conversely, the yearly low was recorded on February 5, dropping to 0.1161.

This high-to-low spread represents a total annual volatility of 0.0127 PHP. From a start-to-finish perspective, comparing the January average rate of 0.1188 to the December average rate of 0.1209, the exchange rate registered a net change of 1.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1288 was up 1.39% compared to the 2022 peak of 0.1270, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 644 PHP
2022 Average 591 PHP
Yearly Trough Low 580 PHP
Transaction Impact: A difference of 63.38 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1256
0.1181
JanuMarcMayJulySeptNove

KZT 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 0.1222, compared to 0.1215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1222
H2 Avg (Jul–Dec) 0.1215

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0120 PHP (High: 0.1288 / Low: 0.1167). On the other end, November was the most stable month, with a tight range of 0.0020 PHP (High: 0.1213 / Low: 0.1193).

March Spread (Volatile) ±0.0120
November Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between March and May, 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 August and September, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1214) against the same month in 2022 (average: 0.1035), the exchange rate shifted by +0.0178 (+17.22%).

2023 Avg (March) 0.1214
2022 Avg (March) 0.1035

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1209 0.1176 0.1188
February 0.1246 0.1161 0.1215
March 0.1288 0.1167 0.1214
April 0.1245 0.1193 0.1224
May 0.1265 0.1232 0.1250
June 0.1263 0.1220 0.1244
July 0.1256 0.1221 0.1234
August 0.1266 0.1216 0.1243
September 0.1241 0.1183 0.1212
October 0.1214 0.1181 0.1192
November 0.1213 0.1193 0.1203
December 0.1221 0.1197 0.1209