2023 GIP to PHP Historical Review

YEARLY HIGH

72.3124 PHP

YEARLY LOW

64.6295 PHP

YEARLY AVERAGE

69.1651 PHP

2023 GIP to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GIP to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 72.3124. Conversely, the yearly low was recorded on February 5, dropping to 64.6295.

This high-to-low spread represents a total annual volatility of 7.6828 PHP. From a start-to-finish perspective, comparing the January average rate of 67.2557 to the December average rate of 70.3227, the exchange rate registered a net change of 4.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 72.3124 was up 2.97% compared to the 2022 peak of 70.2239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 361,562 PHP

2022 Average 336,157 PHP

Yearly Trough Low 323,148 PHP

Transaction Impact: A difference of 38,414.11 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

72.0459

65.6418

JanuMarcMayJulySeptNove

GIP 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 68.1238, compared to 70.2064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0826 points.

H1 Avg (Jan–Jun) 68.1238

H2 Avg (Jul–Dec) 70.2064

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 3.2973 PHP (High: 69.9820 / Low: 66.6848). On the other end, October was the most stable month, with a tight range of 1.1890 PHP (High: 69.8051 / Low: 68.6161).

April Spread (Volatile) ±3.2973

October Spread (Stable) ±1.1890

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.2475 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -1.2475

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 71.5122) against the same month in 2022 (average: 66.8060), the exchange rate shifted by +4.7062 (+7.04%).

2023 Avg (August) 71.5122

2022 Avg (August) 66.8060

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	67.8250	66.5741	67.2557
February	67.0296	64.6295	66.1755
March	67.2745	65.4752	66.4330
April	69.9820	66.6848	68.7688
May	70.3989	68.9012	69.5818
June	71.5259	69.6384	70.5282
July	71.5035	69.8260	70.7106
August	72.3124	70.2478	71.5122
September	71.7361	69.0966	70.3506
October	69.8051	68.6161	69.1032
November	70.5193	68.3425	69.2394
December	71.1325	69.5014	70.3227

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा