YEARLY HIGH
15.4402 PHP
YEARLY LOW
13.9300 PHP
YEARLY AVERAGE
14.8751 PHP

2023 PEN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 15.4402. Conversely, the yearly low was recorded on February 5, dropping to 13.9300.

This high-to-low spread represents a total annual volatility of 1.5102 PHP. From a start-to-finish perspective, comparing the January average rate of 14.3702 to the December average rate of 14.8608, the exchange rate registered a net change of 3.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.4402 was up 2.33% compared to the 2022 peak of 15.0885, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 77,201 PHP
2022 Average 71,082 PHP
Yearly Trough Low 69,650 PHP
Transaction Impact: A difference of 7,551.17 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.4087
14.1932
JanuMarcMayJulySeptNove

PEN 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 14.7182, compared to 15.0320 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.3138 points.

H1 Avg (JanтАУJun) 14.7182
H2 Avg (JulтАУDec) 15.0320

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.7646 PHP (High: 14.7031 / Low: 13.9385). On the other end, July was the most stable month, with a tight range of 0.2414 PHP (High: 15.3886 / Low: 15.1472).

January Spread (Volatile) ┬▒0.7646
July Spread (Stable) ┬▒0.2414

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4605 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4605

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 15.3074) against the same month in 2022 (average: 14.3407), the exchange rate shifted by +0.9667 (+6.74%).

2023 Avg (June) 15.3074
2022 Avg (June) 14.3407

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 14.7031 13.9385 14.3702
February 14.5820 13.9300 14.2944
March 14.6663 14.3134 14.4902
April 15.0720 14.4009 14.7071
May 15.3663 14.9116 15.1399
June 15.4402 15.1268 15.3074
July 15.3886 15.1472 15.2584
August 15.4181 15.0468 15.2523
September 15.4211 14.9161 15.2517
October 14.9799 14.6148 14.7912
November 14.9279 14.3938 14.7775
December 15.0558 14.6981 14.8608