2023 PHP to GBP Historical Review

YEARLY HIGH

0.0155 GBP

YEARLY LOW

0.0138 GBP

YEARLY AVERAGE

0.0145 GBP

2023 PHP to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0155. Conversely, the yearly low was recorded on August 17, dropping to 0.0138.

This high-to-low spread represents a total annual volatility of 0.0016 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0149 to the December average rate of 0.0142, the exchange rate registered a net change of -4.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0155 was down 1.89% compared to the 2022 peak of 0.0158, 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 3,868 GBP

2022 Average 3,720 GBP

Yearly Trough Low 3,457 GBP

Transaction Impact: A difference of 410.98 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0152

0.0139

JanuMarcMayJulySeptNove

PHP to GBP 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 0.0147, compared to 0.0142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0147

H2 Avg (Jul–Dec) 0.0142

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0007 GBP (High: 0.0150 / Low: 0.0143). On the other end, October was the most stable month, with a tight range of 0.0002 GBP (High: 0.0146 / Low: 0.0143).

April Spread (Volatile) ±0.0007

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0151) against the same month in 2022 (average: 0.0144), the exchange rate shifted by +0.0007 (+4.92%).

2023 Avg (February) 0.0151

2022 Avg (February) 0.0144

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0150	0.0147	0.0149
February	0.0155	0.0149	0.0151
March	0.0153	0.0149	0.0151
April	0.0150	0.0143	0.0145
May	0.0145	0.0142	0.0144
June	0.0144	0.0140	0.0142
July	0.0143	0.0140	0.0141
August	0.0142	0.0138	0.0140
September	0.0145	0.0139	0.0142
October	0.0146	0.0143	0.0145
November	0.0146	0.0142	0.0144
December	0.0144	0.0141	0.0142