2023 PHP to AZN Historical Review

YEARLY HIGH

0.0317 AZN

YEARLY LOW

0.0297 AZN

YEARLY AVERAGE

0.0306 AZN

2023 PHP to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0317. Conversely, the yearly low was recorded on September 26, dropping to 0.0297.

This high-to-low spread represents a total annual volatility of 0.0020 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0309 to the December average rate of 0.0306, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0317 was down 5.04% compared to the 2022 peak of 0.0334, 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 7,920 AZN

2022 Average 7,815 AZN

Yearly Trough Low 7,422 AZN

Transaction Impact: A difference of 498.10 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0312

0.0298

JanuMarcMayJulySeptNove

PHP to AZN 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 0.0308, compared to 0.0304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0308

H2 Avg (Jul–Dec) 0.0304

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0011 AZN (High: 0.0313 / Low: 0.0302). On the other end, October was the most stable month, with a tight range of 0.0002 AZN (High: 0.0300 / Low: 0.0298).

April Spread (Volatile) ±0.0011

October Spread (Stable) ±0.0002

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 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0310) against the same month in 2022 (average: 0.0331), the exchange rate shifted by -0.0021 (-6.47%).

2023 Avg (February) 0.0310

2022 Avg (February) 0.0331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0313	0.0304	0.0309
February	0.0317	0.0306	0.0310
March	0.0314	0.0306	0.0311
April	0.0313	0.0302	0.0308
May	0.0307	0.0302	0.0305
June	0.0309	0.0302	0.0305
July	0.0313	0.0305	0.0310
August	0.0310	0.0299	0.0302
September	0.0300	0.0297	0.0299
October	0.0300	0.0298	0.0299
November	0.0308	0.0300	0.0305
December	0.0307	0.0304	0.0306