2023 PHP to BBD Historical Review

YEARLY HIGH

0.0373 BBD

YEARLY LOW

0.0349 BBD

YEARLY AVERAGE

0.0360 BBD

2023 PHP to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0373. Conversely, the yearly low was recorded on September 26, dropping to 0.0349.

This high-to-low spread represents a total annual volatility of 0.0023 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0364 to the December average rate of 0.0360, 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 0.0373 was down 5.04% compared to the 2022 peak of 0.0392, 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 9,317 BBD

2022 Average 9,194 BBD

Yearly Trough Low 8,731 BBD

Transaction Impact: A difference of 585.99 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0367

0.0351

JanuMarcMayJulySeptNove

PHP to BBD 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 0.0362, compared to 0.0357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0362

H2 Avg (Jul–Dec) 0.0357

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0013 BBD (High: 0.0368 / Low: 0.0355). On the other end, October was the most stable month, with a tight range of 0.0003 BBD (High: 0.0353 / Low: 0.0351).

April Spread (Volatile) ±0.0013

October Spread (Stable) ±0.0003

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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0365) against the same month in 2022 (average: 0.0390), the exchange rate shifted by -0.0025 (-6.47%).

2023 Avg (February) 0.0365

2022 Avg (February) 0.0390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0368	0.0357	0.0364
February	0.0373	0.0360	0.0365
March	0.0370	0.0360	0.0365
April	0.0368	0.0355	0.0362
May	0.0361	0.0355	0.0359
June	0.0363	0.0356	0.0358
July	0.0368	0.0359	0.0364
August	0.0364	0.0352	0.0355
September	0.0353	0.0349	0.0352
October	0.0353	0.0351	0.0352
November	0.0362	0.0353	0.0359
December	0.0362	0.0358	0.0360