2023 PHP to MXN Historical Review

YEARLY HIGH

0.3540 MXN

YEARLY LOW

0.2952 MXN

YEARLY AVERAGE

0.3191 MXN

2023 PHP to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.3540. Conversely, the yearly low was recorded on August 30, dropping to 0.2952.

This high-to-low spread represents a total annual volatility of 0.0589 MXN. From a start-to-finish perspective, comparing the January average rate of 0.3452 to the December average rate of 0.3092, the exchange rate registered a net change of -10.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3540 was down 13.33% compared to the 2022 peak of 0.4085, 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 88,506 MXN

2022 Average 92,470 MXN

Yearly Trough Low 73,791 MXN

Transaction Impact: A difference of 14,715.06 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3496

0.2974

JanuMarcMayJulySeptNove

PHP to MXN 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 0.3291, compared to 0.3090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0201 points.

H1 Avg (Jan–Jun) 0.3291

H2 Avg (Jul–Dec) 0.3090

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0240 MXN (High: 0.3540 / Low: 0.3300). On the other end, July was the most stable month, with a tight range of 0.0067 MXN (High: 0.3105 / Low: 0.3038).

February Spread (Volatile) ±0.0240

July Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between August and October, 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 0.0093 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.3391) against the same month in 2022 (average: 0.3990), the exchange rate shifted by -0.0599 (-15.01%).

2023 Avg (February) 0.3391

2022 Avg (February) 0.3990

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	0.3501	0.3413	0.3452
February	0.3540	0.3300	0.3391
March	0.3469	0.3239	0.3363
April	0.3359	0.3206	0.3270
May	0.3247	0.3111	0.3179
June	0.3135	0.3062	0.3090
July	0.3105	0.3038	0.3082
August	0.3123	0.2952	0.3017
September	0.3105	0.3000	0.3046
October	0.3232	0.3070	0.3186
November	0.3179	0.3077	0.3119
December	0.3156	0.3045	0.3092

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा