2023 PHP to GEL Historical Review

YEARLY HIGH

0.0491 GEL

YEARLY LOW

0.0446 GEL

YEARLY AVERAGE

0.0472 GEL

2023 PHP to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0491. Conversely, the yearly low was recorded on April 19, dropping to 0.0446.

This high-to-low spread represents a total annual volatility of 0.0045 GEL. From a start-to-finish perspective, comparing the January average rate of 0.0485 to the December average rate of 0.0484, the exchange rate registered a net change of -0.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0491 was down 25.44% compared to the 2022 peak of 0.0659, 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 12,276 GEL

2022 Average 13,427 GEL

Yearly Trough Low 11,144 GEL

Transaction Impact: A difference of 1,132.71 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0488

0.0453

JanuMarcMayJulySeptNove

PHP to GEL 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 0.0470, compared to 0.0474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0470

H2 Avg (Jul–Dec) 0.0474

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0024 GEL (High: 0.0470 / Low: 0.0446). On the other end, October was the most stable month, with a tight range of 0.0007 GEL (High: 0.0477 / Low: 0.0470).

April Spread (Volatile) ±0.0024

October Spread (Stable) ±0.0007

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 0.0015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0485) against the same month in 2022 (average: 0.0601), the exchange rate shifted by -0.0116 (-19.26%).

2023 Avg (January) 0.0485

2022 Avg (January) 0.0601

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0491	0.0480	0.0485
February	0.0490	0.0474	0.0482
March	0.0479	0.0466	0.0471
April	0.0470	0.0446	0.0456
May	0.0463	0.0448	0.0456
June	0.0478	0.0464	0.0468
July	0.0476	0.0466	0.0471
August	0.0474	0.0459	0.0465
September	0.0474	0.0460	0.0466
October	0.0477	0.0470	0.0473
November	0.0489	0.0479	0.0485
December	0.0488	0.0480	0.0484