2023 PHP to HTG Historical Review

YEARLY HIGH

2.8692 HTG

YEARLY LOW

2.3370 HTG

YEARLY AVERAGE

2.5486 HTG

2023 PHP to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 2.8692. Conversely, the yearly low was recorded on October 31, dropping to 2.3370.

This high-to-low spread represents a total annual volatility of 0.5323 HTG. From a start-to-finish perspective, comparing the January average rate of 2.7025 to the December average rate of 2.3817, the exchange rate registered a net change of -11.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8692 was up 7.74% compared to the 2022 peak of 2.6632, 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 717,310 HTG

2022 Average 537,862 HTG

Yearly Trough Low 584,244 HTG

Transaction Impact: A difference of 133,066.58 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8512

2.3147

JanuMarcMayJulySeptNove

PHP to HTG 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 2.6928, compared to 2.4045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2883 points.

H1 Avg (Jan–Jun) 2.6928

H2 Avg (Jul–Dec) 2.4045

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.3088 HTG (High: 2.7920 / Low: 2.4832). On the other end, December was the most stable month, with a tight range of 0.0267 HTG (High: 2.3938 / Low: 2.3671).

May Spread (Volatile) ±0.3088

December Spread (Stable) ±0.0267

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.1989 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1989

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.8064) against the same month in 2022 (average: 2.0228), the exchange rate shifted by +0.7836 (+38.74%).

2023 Avg (March) 2.8064

2022 Avg (March) 2.0228

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7397	2.6361	2.7025
February	2.8206	2.6839	2.7382
March	2.8692	2.7243	2.8064
April	2.8500	2.7392	2.8065
May	2.7920	2.4832	2.6076
June	2.5174	2.4683	2.4956
July	2.5561	2.4669	2.5081
August	2.4873	2.3886	2.4176
September	2.3971	2.3488	2.3820
October	2.3948	2.3370	2.3594
November	2.4013	2.3403	2.3782
December	2.3938	2.3671	2.3817