YEARLY HIGH
90.1828 COP
YEARLY LOW
68.7499 COP
YEARLY AVERAGE
77.8217 COP

2023 PHP to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 90.1828. Conversely, the yearly low was recorded on September 19, dropping to 68.7499.

This high-to-low spread represents a total annual volatility of 21.4329 COP. From a start-to-finish perspective, comparing the January average rate of 85.7925 to the December average rate of 71.2721, the exchange rate registered a net change of -16.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 90.1828 was up 2.88% compared to the 2022 peak of 87.6611, 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 22,545,705 COP
2022 Average 19,500,813 COP
Yearly Trough Low 17,187,484 COP
Transaction Impact: A difference of 5,358,221.87 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

89.1042
68.9167
JanuMarcMayJulySeptNove

PHP to COP 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 83.1568, compared to 72.4866 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 10.6702 points.

H1 Avg (JanтАУJun) 83.1568
H2 Avg (JulтАУDec) 72.4866

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 7.3147 COP (High: 86.1297 / Low: 78.8149). On the other end, November was the most stable month, with a tight range of 3.2620 COP (High: 74.0072 / Low: 70.7453).

April Spread (Volatile) ┬▒7.3147
November Spread (Stable) ┬▒3.2620

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 6.1397 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -6.1397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 87.4219) against the same month in 2022 (average: 76.7824), the exchange rate shifted by +10.6395 (+13.86%).

2023 Avg (February) 87.4219
2022 Avg (February) 76.7824

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 88.9081 82.1820 85.7925
February 90.1828 85.3539 87.4219
March 89.1982 84.8456 86.9350
April 86.1297 78.8149 82.0847
May 84.5860 77.8981 81.4232
June 78.9539 73.1822 75.2835
July 75.9014 71.7547 74.0357
August 74.6664 69.9315 72.3340
September 72.3160 68.7499 70.5990
October 76.6322 71.9472 74.3389
November 74.0072 70.7453 72.3397
December 72.9014 69.0858 71.2721