2023 LYD to PHP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 LYD to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the LYD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 11.8420. Conversely, the yearly low was recorded on February 5, dropping to 11.2377.
This high-to-low spread represents a total annual volatility of 0.6043 PHP. From a start-to-finish perspective, comparing the January average rate of 11.4889 to the December average rate of 11.5483, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 11.8420 was up 0.06% compared to the 2022 peak of 11.8350, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 LYD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
LYD to PHP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.5299, compared to 11.5972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0673 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was April, with a trading range of 0.4703 PHP (High: 11.8286 / Low: 11.3583). On the other end, October was the most stable month, with a tight range of 0.1144 PHP (High: 11.6723 / Low: 11.5579).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 0.1103 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2023: 11.7085) against the same month in 2022 (average: 11.4212), the exchange rate shifted by +0.2873 (+2.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.6447 | 11.3753 | 11.4889 |
| February | 11.6325 | 11.2377 | 11.4413 |
| March | 11.5092 | 11.2484 | 11.3896 |
| April | 11.8286 | 11.3583 | 11.6051 |
| May | 11.7705 | 11.5602 | 11.6624 |
| June | 11.6987 | 11.4677 | 11.5921 |
| July | 11.6225 | 11.4095 | 11.5126 |
| August | 11.8420 | 11.4787 | 11.7085 |
| September | 11.8294 | 11.5644 | 11.7055 |
| October | 11.6723 | 11.5579 | 11.6091 |
| November | 11.5963 | 11.3894 | 11.4988 |
| December | 11.6488 | 11.4399 | 11.5483 |