YEARLY HIGH
8.5633 KMF
YEARLY LOW
7.9235 KMF
YEARLY AVERAGE
8.1920 KMF

2023 PHP to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 8.5633. Conversely, the yearly low was recorded on August 14, dropping to 7.9235.

This high-to-low spread represents a total annual volatility of 0.6398 KMF. From a start-to-finish perspective, comparing the January average rate of 8.3200 to the December average rate of 8.1258, the exchange rate registered a net change of -2.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 8.5633 was down 5.24% compared to the 2022 peak of 9.0370, 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 2,140,830 KMF
2022 Average 2,144,460 KMF
Yearly Trough Low 1,980,874 KMF
Transaction Impact: A difference of 159,955.80 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

8.4563
7.9785
JanuMarcMayJulySeptNove

PHP to KMF 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 8.2546, compared to 8.1293 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.1253 points.

H1 Avg (JanтАУJun) 8.2546
H2 Avg (JulтАУDec) 8.1293

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.3849 KMF (High: 8.3347 / Low: 7.9499). On the other end, October was the most stable month, with a tight range of 0.1203 KMF (High: 8.2874 / Low: 8.1670).

April Spread (Volatile) ┬▒0.3849
October Spread (Stable) ┬▒0.1203

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.2907 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2907

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 8.4165) against the same month in 2022 (average: 8.5825), the exchange rate shifted by -0.1659 (-1.93%).

2023 Avg (March) 8.4165
2022 Avg (March) 8.5825

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 8.4526 8.2455 8.3200
February 8.4969 8.2954 8.3886
March 8.5633 8.3152 8.4165
April 8.3347 7.9499 8.1258
May 8.2217 8.0529 8.1270
June 8.2265 8.0681 8.1497
July 8.2054 8.0167 8.1146
August 8.1655 7.9235 8.0183
September 8.2351 7.9727 8.1160
October 8.2874 8.1670 8.2115
November 8.3810 8.0737 8.1897
December 8.2572 7.9812 8.1258