YEARLY HIGH
280.8793 LBP
YEARLY LOW
27.0919 LBP
YEARLY AVERAGE
246.6720 LBP

2023 PHP to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 280.8793. Conversely, the yearly low was recorded on January 2, dropping to 27.0919.

This high-to-low spread represents a total annual volatility of 253.7874 LBP. From a start-to-finish perspective, comparing the January average rate of 27.5968 to the December average rate of 271.0826, the exchange rate registered a net change of 882.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 280.8793 was up 839.83% compared to the 2022 peak of 29.8863, 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 70,219,833 LBP
2022 Average 6,967,219 LBP
Yearly Trough Low 6,772,970 LBP
Transaction Impact: A difference of 63,446,862.28 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

300.2388
2.8112
JanuMarcMayJulySeptNove

PHP to LBP 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 224.6974, compared to 268.6466 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 43.9491 points.

H1 Avg (JanтАУJun) 224.6974
H2 Avg (JulтАУDec) 268.6466

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 253.0650 LBP (High: 280.8793 / Low: 27.8143). On the other end, January was the most stable month, with a tight range of 0.7838 LBP (High: 27.8757 / Low: 27.0919).

February Spread (Volatile) ┬▒253.0650
January Spread (Stable) ┬▒0.7838

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 July and August, when the average rate fell by 6.9244 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.9244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 230.4033) against the same month in 2022 (average: 29.5145), the exchange rate shifted by +200.8887 (+680.64%).

2023 Avg (February) 230.4033
2022 Avg (February) 29.5145

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 27.8757 27.0919 27.5968
February 280.8793 27.8143 230.4033
March 280.0237 270.4405 275.4531
April 280.0055 266.6943 273.2492
May 275.5393 267.2414 270.5094
June 274.0640 267.5385 270.9728
July 280.0918 269.4534 274.4035
August 275.2146 264.6198 267.4792
September 267.4704 262.7487 265.0624
October 266.4065 263.1169 264.5362
November 272.3595 265.1578 269.3155
December 272.8568 269.1079 271.0826