2023 PHP to MNT Historical Review

YEARLY HIGH

64.8353 MNT

YEARLY LOW

60.2467 MNT

YEARLY AVERAGE

62.2579 MNT

2023 PHP to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 64.8353. Conversely, the yearly low was recorded on September 26, dropping to 60.2467.

This high-to-low spread represents a total annual volatility of 4.5885 MNT. From a start-to-finish perspective, comparing the January average rate of 62.0246 to the December average rate of 62.1404, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 64.8353 was up 4.55% compared to the 2022 peak of 62.0125, 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 16,208,822 MNT

2022 Average 14,326,009 MNT

Yearly Trough Low 15,061,686 MNT

Transaction Impact: A difference of 1,147,135.46 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

64.2510

60.4296

JanuMarcMayJulySeptNove

PHP to MNT 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 62.7187, compared to 61.7971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9216 points.

H1 Avg (Jan–Jun) 62.7187

H2 Avg (Jul–Dec) 61.7971

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 3.4509 MNT (High: 64.8156 / Low: 61.3646). On the other end, October was the most stable month, with a tight range of 0.4702 MNT (High: 60.9535 / Low: 60.4833).

March Spread (Volatile) ±3.4509

October Spread (Stable) ±0.4702

Growth Streaks & Declines

Trends

Between January and April, 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 2.6545 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.6545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 63.6963) against the same month in 2022 (average: 57.2572), the exchange rate shifted by +6.4391 (+11.25%).

2023 Avg (April) 63.6963

2022 Avg (April) 57.2572

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	62.6453	60.8713	62.0246
February	63.4882	61.3591	62.1146
March	64.8156	61.3646	62.3197
April	64.8353	62.4933	63.6963
May	63.5930	62.4423	63.1015
June	63.7951	62.5778	63.0557
July	64.7518	62.8221	63.9326
August	62.8398	60.6625	61.2780
September	60.9126	60.2467	60.7481
October	60.9535	60.4833	60.7615
November	62.5187	60.8691	61.9219
December	62.4039	61.7588	62.1404

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