2023 PHP to BTN Historical Review

YEARLY HIGH

1.5390 BTN

YEARLY LOW

1.4530 BTN

YEARLY AVERAGE

1.4845 BTN

2023 PHP to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.5390. Conversely, the yearly low was recorded on September 26, dropping to 1.4530.

This high-to-low spread represents a total annual volatility of 0.0860 BTN. From a start-to-finish perspective, comparing the January average rate of 1.4895 to the December average rate of 1.5008, the exchange rate registered a net change of 0.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.5390 was up 2.16% compared to the 2022 peak of 1.5066, 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 384,760 BTN

2022 Average 360,700 BTN

Yearly Trough Low 363,253 BTN

Transaction Impact: A difference of 21,506.88 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.5102

1.4572

JanuMarcMayJulySeptNove

PHP to BTN 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 1.4880, compared to 1.4810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 1.4880

H2 Avg (Jul–Dec) 1.4810

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0589 BTN (High: 1.5140 / Low: 1.4551). On the other end, October was the most stable month, with a tight range of 0.0140 BTN (High: 1.4710 / Low: 1.4570).

April Spread (Volatile) ±0.0589

October Spread (Stable) ±0.0140

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 0.0245 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.5058) against the same month in 2022 (average: 1.4606), the exchange rate shifted by +0.0452 (+3.09%).

2023 Avg (February) 1.5058

2022 Avg (February) 1.4606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5037	1.4759	1.4895
February	1.5390	1.4829	1.5058
March	1.5232	1.4731	1.5022
April	1.5140	1.4551	1.4823
May	1.4909	1.4631	1.4755
June	1.4873	1.4609	1.4727
July	1.5220	1.4742	1.4954
August	1.4991	1.4552	1.4708
September	1.4690	1.4530	1.4616
October	1.4710	1.4570	1.4644
November	1.5096	1.4694	1.4932
December	1.5101	1.4873	1.5008