2023 PHP to GNF Historical Review

YEARLY HIGH

161.9179 GNF

YEARLY LOW

150.4179 GNF

YEARLY AVERAGE

155.0061 GNF

2023 PHP to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 161.9179. Conversely, the yearly low was recorded on September 26, dropping to 150.4179.

This high-to-low spread represents a total annual volatility of 11.5000 GNF. From a start-to-finish perspective, comparing the January average rate of 157.7735 to the December average rate of 154.9373, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 161.9179 was down 11.47% compared to the 2022 peak of 182.8953, 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 40,479,471 GNF

2022 Average 40,514,188 GNF

Yearly Trough Low 37,604,463 GNF

Transaction Impact: A difference of 2,875,007.48 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

158.4464

150.8391

JanuMarcMayJulySeptNove

PHP to GNF 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 156.3474, compared to 153.6648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.6826 points.

H1 Avg (Jan–Jun) 156.3474

H2 Avg (Jul–Dec) 153.6648

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 7.7279 GNF (High: 161.9179 / Low: 154.1900). On the other end, December was the most stable month, with a tight range of 1.6606 GNF (High: 155.5872 / Low: 153.9266).

February Spread (Volatile) ±7.7279

December Spread (Stable) ±1.6606

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 3.8197 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -3.8197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 157.6164) against the same month in 2022 (average: 175.7237), the exchange rate shifted by -18.1073 (-10.30%).

2023 Avg (February) 157.6164

2022 Avg (February) 175.7237

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	161.1855	154.4455	157.7735
February	161.9179	154.1900	157.6164
March	160.8040	154.9780	157.8124
April	159.3222	152.6859	155.6716
May	156.3799	152.9062	154.6543
June	156.4931	153.2121	154.5560
July	158.5206	154.0669	156.7682
August	157.1169	151.3518	152.9485
September	152.6906	150.4179	151.5124
October	152.5546	150.4326	151.4731
November	156.1442	151.7113	154.3492
December	155.5872	153.9266	154.9373