2023 PGK to PHP Historical Review

YEARLY HIGH

15.9708 PHP

YEARLY LOW

14.6266 PHP

YEARLY AVERAGE

15.4483 PHP

2023 PGK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 15.9708. Conversely, the yearly low was recorded on November 23, dropping to 14.6266.

This high-to-low spread represents a total annual volatility of 1.3441 PHP. From a start-to-finish perspective, comparing the January average rate of 15.5931 to the December average rate of 14.8420, the exchange rate registered a net change of -4.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.9708 was down 5.29% compared to the 2022 peak of 16.8636, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PGK based on timing:

Yearly Peak High 79,854 PHP

2022 Average 77,270 PHP

Yearly Trough Low 73,133 PHP

Transaction Impact: A difference of 6,720.57 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.8829

14.7474

JanuMarcMayJulySeptNove

PGK to PHP 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 15.6404, compared to 15.2562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3842 points.

H1 Avg (Jan–Jun) 15.6404

H2 Avg (Jul–Dec) 15.2562

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.7754 PHP (High: 15.7963 / Low: 15.0209). On the other end, May was the most stable month, with a tight range of 0.2655 PHP (High: 15.8856 / Low: 15.6201).

July Spread (Volatile) ±0.7754

May Spread (Stable) ±0.2655

Growth Streaks & Declines

Trends

Between March and May, 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 October and November, when the average rate fell by 0.4675 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4675

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 15.6697) against the same month in 2022 (average: 14.7763), the exchange rate shifted by +0.8934 (+6.05%).

2023 Avg (April) 15.6697

2022 Avg (April) 14.7763

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.8791	15.4218	15.5931
February	15.7350	15.1135	15.5439
March	15.7593	15.1910	15.5405
April	15.9708	15.2936	15.6697
May	15.8856	15.6201	15.7882
June	15.9368	15.4286	15.7071
July	15.7963	15.0209	15.3759
August	15.9693	15.2032	15.5652
September	15.9489	15.4035	15.5834
October	15.5079	15.0659	15.3191
November	15.2617	14.6266	14.8516
December	15.0272	14.6512	14.8420