2023 PHP to FJD Historical Review

YEARLY HIGH

0.0413 FJD

YEARLY LOW

0.0392 FJD

YEARLY AVERAGE

0.0401 FJD

2023 PHP to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0413. Conversely, the yearly low was recorded on April 18, dropping to 0.0392.

This high-to-low spread represents a total annual volatility of 0.0021 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0396 to the December average rate of 0.0399, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0413 was down 2.77% compared to the 2022 peak of 0.0425, 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 10,329 FJD

2022 Average 10,050 FJD

Yearly Trough Low 9,798 FJD

Transaction Impact: A difference of 531.60 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0406

0.0396

JanuMarcMayJulySeptNove

PHP to FJD 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 0.0400, compared to 0.0402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0400

H2 Avg (Jul–Dec) 0.0402

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0016 FJD (High: 0.0408 / Low: 0.0392). On the other end, January was the most stable month, with a tight range of 0.0007 FJD (High: 0.0400 / Low: 0.0393).

April Spread (Volatile) ±0.0016

January Spread (Stable) ±0.0007

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 November and December, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0406) against the same month in 2022 (average: 0.0391), the exchange rate shifted by +0.0015 (+3.77%).

2023 Avg (November) 0.0406

2022 Avg (November) 0.0391

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0400	0.0393	0.0396
February	0.0405	0.0395	0.0400
March	0.0410	0.0399	0.0405
April	0.0408	0.0392	0.0401
May	0.0404	0.0394	0.0399
June	0.0409	0.0394	0.0399
July	0.0410	0.0399	0.0404
August	0.0410	0.0395	0.0401
September	0.0405	0.0396	0.0400
October	0.0405	0.0397	0.0402
November	0.0413	0.0401	0.0406
December	0.0405	0.0394	0.0399