2023 PHP to AED Historical Review

YEARLY HIGH

0.0684 AED

YEARLY LOW

0.0641 AED

YEARLY AVERAGE

0.0661 AED

2023 PHP to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0684. Conversely, the yearly low was recorded on September 26, dropping to 0.0641.

This high-to-low spread represents a total annual volatility of 0.0043 AED. From a start-to-finish perspective, comparing the January average rate of 0.0669 to the December average rate of 0.0661, the exchange rate registered a net change of -1.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0684 was down 5.04% compared to the 2022 peak of 0.0721, 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 17,111 AED

2022 Average 16,885 AED

Yearly Trough Low 16,035 AED

Transaction Impact: A difference of 1,076.14 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0674

0.0644

JanuMarcMayJulySeptNove

PHP to AED 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 0.0665, compared to 0.0656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0665

H2 Avg (Jul–Dec) 0.0656

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0024 AED (High: 0.0677 / Low: 0.0652). On the other end, October was the most stable month, with a tight range of 0.0005 AED (High: 0.0649 / Low: 0.0644).

April Spread (Volatile) ±0.0024

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and December, 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 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0670) against the same month in 2022 (average: 0.0716), the exchange rate shifted by -0.0046 (-6.47%).

2023 Avg (February) 0.0670

2022 Avg (February) 0.0716

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0675	0.0656	0.0669
February	0.0684	0.0662	0.0670
March	0.0679	0.0662	0.0671
April	0.0677	0.0652	0.0665
May	0.0664	0.0652	0.0658
June	0.0666	0.0653	0.0658
July	0.0676	0.0660	0.0669
August	0.0669	0.0646	0.0652
September	0.0648	0.0641	0.0647
October	0.0649	0.0644	0.0647
November	0.0666	0.0648	0.0659
December	0.0664	0.0657	0.0661