YEARLY HIGH
3.9686 GYD
YEARLY LOW
3.6534 GYD
YEARLY AVERAGE
3.7795 GYD

2023 PHP to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 3.9686. Conversely, the yearly low was recorded on September 26, dropping to 3.6534.

This high-to-low spread represents a total annual volatility of 0.3151 GYD. From a start-to-finish perspective, comparing the January average rate of 3.8176 to the December average rate of 3.7732, the exchange rate registered a net change of -1.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.9686 was down 3.31% compared to the 2022 peak of 4.1045, 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 992,144 GYD
2022 Average 961,846 GYD
Yearly Trough Low 913,358 GYD
Transaction Impact: A difference of 78,786.18 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.8665
3.6669
JanuMarcMayJulySeptNove

PHP to GYD 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 3.8201, compared to 3.7389 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0812 points.

H1 Avg (JanтАУJun) 3.8201
H2 Avg (JulтАУDec) 3.7389

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.1900 GYD (High: 3.9686 / Low: 3.7786). On the other end, October was the most stable month, with a tight range of 0.0366 GYD (High: 3.7019 / Low: 3.6653).

February Spread (Volatile) ┬▒0.1900
October Spread (Stable) ┬▒0.0366

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 0.1041 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 3.8474) against the same month in 2022 (average: 4.0771), the exchange rate shifted by -0.2297 (-5.63%).

2023 Avg (February) 3.8474
2022 Avg (February) 4.0771

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 3.8831 3.7390 3.8176
February 3.9686 3.7786 3.8474
March 3.8992 3.7973 3.8498
April 3.8945 3.7570 3.8259
May 3.8219 3.7513 3.7907
June 3.8353 3.7545 3.7892
July 3.8647 3.7647 3.8218
August 3.8123 3.6801 3.7177
September 3.7010 3.6534 3.6835
October 3.7019 3.6653 3.6839
November 3.7977 3.6921 3.7532
December 3.7976 3.7454 3.7732