YEARLY HIGH
0.3216 PHP
YEARLY LOW
0.2987 PHP
YEARLY AVERAGE
0.3127 PHP

2023 DJF to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.3216. Conversely, the yearly low was recorded on February 5, dropping to 0.2987.

This high-to-low spread represents a total annual volatility of 0.0229 PHP. From a start-to-finish perspective, comparing the January average rate of 0.3091 to the December average rate of 0.3117, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3216 was down 3.85% compared to the 2022 peak of 0.3345, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,608 PHP
2022 Average 1,531 PHP
Yearly Trough Low 1,493 PHP
Transaction Impact: A difference of 114.72 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3204
0.3070
JanuMarcMayJulySeptNove

DJF 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 0.3106, compared to 0.3149 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0043 points.

H1 Avg (JanтАУJun) 0.3106
H2 Avg (JulтАУDec) 0.3149

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0150 PHP (High: 0.3136 / Low: 0.2987). On the other end, October was the most stable month, with a tight range of 0.0031 PHP (High: 0.3208 / Low: 0.3177).

February Spread (Volatile) ┬▒0.0150
October Spread (Stable) ┬▒0.0031

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 0.0056 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.3190) against the same month in 2022 (average: 0.3239), the exchange rate shifted by -0.0049 (-1.50%).

2023 Avg (September) 0.3190
2022 Avg (September) 0.3239

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 0.3151 0.3059 0.3091
February 0.3136 0.2987 0.3082
March 0.3121 0.3041 0.3081
April 0.3167 0.3052 0.3111
May 0.3170 0.3112 0.3136
June 0.3164 0.3105 0.3136
July 0.3143 0.3056 0.3090
August 0.3196 0.3083 0.3165
September 0.3216 0.3174 0.3190
October 0.3208 0.3177 0.3192
November 0.3183 0.3101 0.3137
December 0.3147 0.3099 0.3117