2023 PHP to DOP Historical Review

YEARLY HIGH

1.0651 DOP

YEARLY LOW

0.9682 DOP

YEARLY AVERAGE

1.0069 DOP

2023 PHP to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 1.0651. Conversely, the yearly low was recorded on May 31, dropping to 0.9682.

This high-to-low spread represents a total annual volatility of 0.0969 DOP. From a start-to-finish perspective, comparing the January average rate of 1.0302 to the December average rate of 1.0326, the exchange rate registered a net change of 0.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0651 was down 5.77% compared to the 2022 peak of 1.1303, 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 266,276 DOP

2022 Average 252,848 DOP

Yearly Trough Low 242,045 DOP

Transaction Impact: A difference of 24,230.13 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0381

0.9723

JanuMarcMayJulySeptNove

PHP to DOP 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 1.0016, compared to 1.0122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 1.0016

H2 Avg (Jul–Dec) 1.0122

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0628 DOP (High: 1.0651 / Low: 1.0023). On the other end, October was the most stable month, with a tight range of 0.0088 DOP (High: 1.0048 / Low: 0.9961).

February Spread (Volatile) ±0.0628

October Spread (Stable) ±0.0088

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 February and March, when the average rate fell by 0.0203 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1.0243) against the same month in 2022 (average: 1.1079), the exchange rate shifted by -0.0836 (-7.55%).

2023 Avg (February) 1.0243

2022 Avg (February) 1.1079

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0436	1.0053	1.0302
February	1.0651	1.0023	1.0243
March	1.0129	0.9875	1.0040
April	1.0097	0.9712	0.9901
May	0.9850	0.9682	0.9778
June	1.0014	0.9720	0.9833
July	1.0313	0.9952	1.0164
August	1.0252	0.9965	1.0058
September	1.0043	0.9907	0.9994
October	1.0048	0.9961	1.0003
November	1.0309	1.0019	1.0186
December	1.0489	1.0188	1.0326