YEARLY HIGH
42.3548 PHP
YEARLY LOW
39.3219 PHP
YEARLY AVERAGE
41.1975 PHP

2023 CAD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CAD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 42.3548. Conversely, the yearly low was recorded on March 24, dropping to 39.3219.

This high-to-low spread represents a total annual volatility of 3.0329 PHP. From a start-to-finish perspective, comparing the January average rate of 40.9333 to the December average rate of 41.4033, the exchange rate registered a net change of 1.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 42.3548 was down 3.36% compared to the 2022 peak of 43.8255, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 211,774 PHP
2022 Average 209,269 PHP
Yearly Trough Low 196,609 PHP
Transaction Impact: A difference of 15,164.57 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

42.2056
39.7438
JanuMarcMayJulySeptNove

CAD 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: JanтАУJun) was 40.9574, compared to 41.4375 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.4801 points.

H1 Avg (JanтАУJun) 40.9574
H2 Avg (JulтАУDec) 41.4375

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 1.8974 PHP (High: 42.0293 / Low: 40.1319). On the other end, June was the most stable month, with a tight range of 0.6442 PHP (High: 42.3545 / Low: 41.7103).

April Spread (Volatile) ┬▒1.8974
June Spread (Stable) ┬▒0.6442

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 February and March, when the average rate fell by 0.8113 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 41.9128) against the same month in 2022 (average: 43.3077), the exchange rate shifted by -1.3949 (-3.22%).

2023 Avg (September) 41.9128
2022 Avg (September) 43.3077

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 41.5031 40.5253 40.9333
February 41.3747 40.0389 40.7603
March 40.8070 39.3219 39.9489
April 42.0293 40.1319 40.8785
May 41.6921 40.5965 41.2233
June 42.3545 41.7103 42.0004
July 41.8718 41.0700 41.5009
August 42.2587 41.3680 41.7543
September 42.3548 41.4700 41.9128
October 41.9307 40.9330 41.4058
November 41.1132 40.2039 40.6481
December 42.0819 40.6739 41.4033