2023 PHP to BOB Historical Review

YEARLY HIGH

0.1300 BOB

YEARLY LOW

0.1207 BOB

YEARLY AVERAGE

0.1242 BOB

2023 PHP to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.1300. Conversely, the yearly low was recorded on September 26, dropping to 0.1207.

This high-to-low spread represents a total annual volatility of 0.0093 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1258 to the December average rate of 0.1246, the exchange rate registered a net change of -0.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1300 was down 4.06% compared to the 2022 peak of 0.1355, 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 32,491 BOB

2022 Average 31,684 BOB

Yearly Trough Low 30,168 BOB

Transaction Impact: A difference of 2,323.55 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1265

0.1212

JanuMarcMayJulySeptNove

PHP to BOB 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 0.1251, compared to 0.1234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1251

H2 Avg (Jul–Dec) 0.1234

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0062 BOB (High: 0.1300 / Low: 0.1237). On the other end, October was the most stable month, with a tight range of 0.0012 BOB (High: 0.1221 / Low: 0.1210).

February Spread (Volatile) ±0.0062

October Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1260) against the same month in 2022 (average: 0.1341), the exchange rate shifted by -0.0081 (-6.07%).

2023 Avg (February) 0.1260

2022 Avg (February) 0.1341

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1272	0.1235	0.1258
February	0.1300	0.1237	0.1260
March	0.1277	0.1244	0.1261
April	0.1273	0.1227	0.1251
May	0.1249	0.1226	0.1239
June	0.1253	0.1227	0.1238
July	0.1271	0.1235	0.1257
August	0.1259	0.1215	0.1227
September	0.1222	0.1207	0.1216
October	0.1221	0.1210	0.1216
November	0.1252	0.1218	0.1239
December	0.1254	0.1237	0.1246