YEARLY HIGH
0.0173 CHF
YEARLY LOW
0.0152 CHF
YEARLY AVERAGE
0.0162 CHF

2023 PHP to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0173. Conversely, the yearly low was recorded on December 27, dropping to 0.0152.

This high-to-low spread represents a total annual volatility of 0.0021 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0168 to the December average rate of 0.0156, the exchange rate registered a net change of -7.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0173 was down 9.87% compared to the 2022 peak of 0.0192, 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 4,316 CHF
2022 Average 4,385 CHF
Yearly Trough Low 3,791 CHF
Transaction Impact: A difference of 525.73 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0170
0.0154
JanuMarcMayJulySeptNove

PHP to CHF 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 0.0165, compared to 0.0158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0165
H2 Avg (Jul–Dec) 0.0158

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0010 CHF (High: 0.0169 / Low: 0.0159). On the other end, June was the most stable month, with a tight range of 0.0003 CHF (High: 0.0162 / Low: 0.0160).

April Spread (Volatile) ±0.0010
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and November, 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 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0169) against the same month in 2022 (average: 0.0180), the exchange rate shifted by -0.0011 (-6.10%).

2023 Avg (February) 0.0169
2022 Avg (February) 0.0180

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0170 0.0166 0.0168
February 0.0173 0.0167 0.0169
March 0.0171 0.0165 0.0169
April 0.0169 0.0159 0.0163
May 0.0162 0.0160 0.0161
June 0.0162 0.0160 0.0161
July 0.0162 0.0157 0.0159
August 0.0159 0.0154 0.0156
September 0.0162 0.0156 0.0158
October 0.0162 0.0157 0.0159
November 0.0162 0.0158 0.0160
December 0.0158 0.0152 0.0156