YEARLY HIGH
2.0156 ALL
YEARLY LOW
1.6407 ALL
YEARLY AVERAGE
1.8100 ALL

2023 PHP to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 2.0156. Conversely, the yearly low was recorded on July 20, dropping to 1.6407.

This high-to-low spread represents a total annual volatility of 0.3748 ALL. From a start-to-finish perspective, comparing the January average rate of 1.9649 to the December average rate of 1.6961, the exchange rate registered a net change of -13.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.0156 was down 9.05% compared to the 2022 peak of 2.2161, 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 503,894 ALL
2022 Average 519,050 ALL
Yearly Trough Low 410,187 ALL
Transaction Impact: A difference of 93,707.51 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.9973
1.6687
JanuMarcMayJulySeptNove

PHP to ALL 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 1.8918, compared to 1.7282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1635 points.

H1 Avg (Jan–Jun) 1.8918
H2 Avg (Jul–Dec) 1.7282

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.1392 ALL (High: 1.8089 / Low: 1.6697). On the other end, December was the most stable month, with a tight range of 0.0282 ALL (High: 1.7067 / Low: 1.6785).

August Spread (Volatile) ±0.1392
December Spread (Stable) ±0.0282

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0992 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0992

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.9649) against the same month in 2022 (average: 2.0931), the exchange rate shifted by -0.1282 (-6.13%).

2023 Avg (January) 1.9649
2022 Avg (January) 2.0931

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0156 1.9128 1.9649
February 1.9958 1.9453 1.9699
March 1.9851 1.9211 1.9532
April 1.9211 1.8039 1.8540
May 1.8690 1.8144 1.8340
June 1.8204 1.7517 1.7746
July 1.7707 1.6407 1.7024
August 1.8089 1.6697 1.7207
September 1.7878 1.7513 1.7627
October 1.7826 1.7452 1.7634
November 1.7639 1.6801 1.7242
December 1.7067 1.6785 1.6961