YEARLY HIGH
0.0379 BZD
YEARLY LOW
0.0352 BZD
YEARLY AVERAGE
0.0362 BZD

2023 PHP to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0379. Conversely, the yearly low was recorded on September 26, dropping to 0.0352.

This high-to-low spread represents a total annual volatility of 0.0027 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0367 to the December average rate of 0.0363, the exchange rate registered a net change of -0.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0379 was down 4.13% compared to the 2022 peak of 0.0395, 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 9,478 BZD
2022 Average 9,266 BZD
Yearly Trough Low 8,800 BZD
Transaction Impact: A difference of 678.03 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0369
0.0353
JanuMarcMayJulySeptNove

PHP to BZD 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 0.0365, compared to 0.0360 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0005 points.

H1 Avg (JanтАУJun) 0.0365
H2 Avg (JulтАУDec) 0.0360

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0018 BZD (High: 0.0379 / Low: 0.0361). On the other end, October was the most stable month, with a tight range of 0.0003 BZD (High: 0.0356 / Low: 0.0353).

February Spread (Volatile) ┬▒0.0018
October Spread (Stable) ┬▒0.0003

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0368) against the same month in 2022 (average: 0.0393), the exchange rate shifted by -0.0025 (-6.44%).

2023 Avg (February) 0.0368
2022 Avg (February) 0.0393

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Month High Low Average
January 0.0371 0.0360 0.0367
February 0.0379 0.0361 0.0368
March 0.0373 0.0363 0.0367
April 0.0371 0.0358 0.0364
May 0.0364 0.0358 0.0361
June 0.0366 0.0358 0.0361
July 0.0371 0.0360 0.0367
August 0.0367 0.0354 0.0358
September 0.0357 0.0352 0.0355
October 0.0356 0.0353 0.0355
November 0.0365 0.0355 0.0361
December 0.0366 0.0361 0.0363