2023 LBP to PHP Historical Review

YEARLY HIGH

0.0369 PHP

YEARLY LOW

0.0036 PHP

YEARLY AVERAGE

0.0069 PHP

2023 LBP to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0369. Conversely, the yearly low was recorded on February 6, dropping to 0.0036.

This high-to-low spread represents a total annual volatility of 0.0334 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0362 to the December average rate of 0.0037, the exchange rate registered a net change of -89.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0369 was down 5.94% compared to the 2022 peak of 0.0392, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 185 PHP

2022 Average 180 PHP

Yearly Trough Low 18 PHP

Transaction Impact: A difference of 166.76 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0395

0.0004

JanuMarcMayJulySeptNove

LBP 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 0.0100, compared to 0.0037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.0100

H2 Avg (Jul–Dec) 0.0037

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0324 PHP (High: 0.0360 / Low: 0.0036). On the other end, October was the most stable month, with a tight range of 0.0000 PHP (High: 0.0038 / Low: 0.0038).

February Spread (Volatile) ±0.0324

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between July and October, 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 January and February, when the average rate fell by 0.0269 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0269

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0362) against the same month in 2022 (average: 0.0339), the exchange rate shifted by +0.0024 (+6.96%).

2023 Avg (January) 0.0362

2022 Avg (January) 0.0339

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0369	0.0359	0.0362
February	0.0360	0.0036	0.0094
March	0.0037	0.0036	0.0036
April	0.0037	0.0036	0.0037
May	0.0037	0.0036	0.0037
June	0.0037	0.0036	0.0037
July	0.0037	0.0036	0.0036
August	0.0038	0.0036	0.0037
September	0.0038	0.0037	0.0038
October	0.0038	0.0038	0.0038
November	0.0038	0.0037	0.0037
December	0.0037	0.0037	0.0037