2023 PHP to ETB Historical Review

YEARLY HIGH

1.0191 ETB

YEARLY LOW

0.9582 ETB

YEARLY AVERAGE

0.9843 ETB

2023 PHP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 1.0191. Conversely, the yearly low was recorded on January 4, dropping to 0.9582.

This high-to-low spread represents a total annual volatility of 0.0609 ETB. From a start-to-finish perspective, comparing the January average rate of 0.9765 to the December average rate of 1.0115, the exchange rate registered a net change of 3.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0191 was up 1.90% compared to the 2022 peak of 1.0002, 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 254,786 ETB

2022 Average 238,570 ETB

Yearly Trough Low 239,555 ETB

Transaction Impact: A difference of 15,231.56 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0154

0.9684

JanuMarcMayJulySeptNove

PHP to ETB 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 0.9786, compared to 0.9901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.9786

H2 Avg (Jul–Dec) 0.9901

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0445 ETB (High: 1.0071 / Low: 0.9626). On the other end, October was the most stable month, with a tight range of 0.0079 ETB (High: 0.9827 / Low: 0.9747).

February Spread (Volatile) ±0.0445

October Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between September and December, 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 0.0203 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 1.0115) against the same month in 2022 (average: 0.9639), the exchange rate shifted by +0.0476 (+4.94%).

2023 Avg (December) 1.0115

2022 Avg (December) 0.9639

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	0.9859	0.9582	0.9765
February	1.0071	0.9626	0.9792
March	0.9961	0.9689	0.9822
April	0.9980	0.9606	0.9806
May	0.9832	0.9644	0.9750
June	0.9939	0.9683	0.9780
July	1.0122	0.9821	0.9986
August	1.0014	0.9684	0.9783
September	0.9758	0.9655	0.9723
October	0.9827	0.9747	0.9794
November	1.0117	0.9824	1.0006
December	1.0191	1.0003	1.0115

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा