YEARLY HIGH
3.4068 LRD
YEARLY LOW
2.7611 LRD
YEARLY AVERAGE
3.1384 LRD

2023 PHP to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 3.4068. Conversely, the yearly low was recorded on January 3, dropping to 2.7611.

This high-to-low spread represents a total annual volatility of 0.6457 LRD. From a start-to-finish perspective, comparing the January average rate of 2.8288 to the December average rate of 3.3903, the exchange rate registered a net change of 19.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.4068 was up 13.07% compared to the 2022 peak of 3.0131, 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 851,704 LRD
2022 Average 702,553 LRD
Yearly Trough Low 690,287 LRD
Transaction Impact: A difference of 161,417.18 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.4465
2.7726
JanuMarcMayJulySeptNove

PHP to LRD 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 2.9453, compared to 3.3316 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.3863 points.

H1 Avg (JanтАУJun) 2.9453
H2 Avg (JulтАУDec) 3.3316

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.2426 LRD (High: 3.2583 / Low: 3.0157). On the other end, October was the most stable month, with a tight range of 0.0288 LRD (High: 3.3048 / Low: 3.2760).

June Spread (Volatile) ┬▒0.2426
October Spread (Stable) ┬▒0.0288

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0371 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0371

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 3.3708) against the same month in 2022 (average: 2.6796), the exchange rate shifted by +0.6913 (+25.80%).

2023 Avg (November) 3.3708
2022 Avg (November) 2.6796

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 2.8790 2.7611 2.8288
February 2.9140 2.7695 2.8526
March 2.9894 2.8262 2.9141
April 2.9903 2.8956 2.9525
May 3.0194 2.9769 2.9942
June 3.2583 3.0157 3.1295
July 3.4056 3.2583 3.3464
August 3.3970 3.2749 3.3092
September 3.2930 3.2568 3.2812
October 3.3048 3.2760 3.2914
November 3.4068 3.3081 3.3708
December 3.4038 3.3603 3.3903