YEARLY HIGH
52.1658 BIF
YEARLY LOW
36.9653 BIF
YEARLY AVERAGE
45.7280 BIF

2023 PHP to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 52.1658. Conversely, the yearly low was recorded on January 4, dropping to 36.9653.

This high-to-low spread represents a total annual volatility of 15.2004 BIF. From a start-to-finish perspective, comparing the January average rate of 37.6652 to the December average rate of 51.3468, the exchange rate registered a net change of 36.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 52.1658 was up 30.78% compared to the 2022 peak of 39.8896, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 13,041,438 BIF
2022 Average 9,383,932 BIF
Yearly Trough Low 9,241,337 BIF
Transaction Impact: A difference of 3,800,100.91 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

52.9261
36.2474
JanuMarcMayJulySeptNove

PHP to BIF 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 40.7710, compared to 50.6851 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 9.9141 points.

H1 Avg (JanтАУJun) 40.7710
H2 Avg (JulтАУDec) 50.6851

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 13.6441 BIF (High: 50.7286 / Low: 37.0846). On the other end, October was the most stable month, with a tight range of 0.5190 BIF (High: 50.2284 / Low: 49.7094).

May Spread (Volatile) ┬▒13.6441
October Spread (Stable) ┬▒0.5190

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 1.1981 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1981

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 51.5362) against the same month in 2022 (average: 36.8008), the exchange rate shifted by +14.7354 (+40.04%).

2023 Avg (July) 51.5362
2022 Avg (July) 36.8008

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 38.1021 36.9653 37.6652
February 38.9437 37.1931 37.7984
March 38.4448 37.4449 37.9379
April 38.4031 36.9680 37.6373
May 50.7286 37.0846 42.8903
June 51.4166 50.2583 50.6969
July 52.1658 50.6645 51.5362
August 51.6019 49.8478 50.3381
September 50.2379 49.5714 49.9352
October 50.2284 49.7094 49.9883
November 51.5024 50.0797 50.9660
December 51.6529 50.9500 51.3468