2023 PHP to JOD Historical Review

YEARLY HIGH

0.0132 JOD

YEARLY LOW

0.0124 JOD

YEARLY AVERAGE

0.0128 JOD

2023 PHP to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0132. Conversely, the yearly low was recorded on September 26, dropping to 0.0124.

This high-to-low spread represents a total annual volatility of 0.0008 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0129 to the December average rate of 0.0128, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0132 was down 5.00% compared to the 2022 peak of 0.0139, 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 3,305 JOD

2022 Average 3,260 JOD

Yearly Trough Low 3,099 JOD

Transaction Impact: A difference of 206.11 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0130

0.0124

JanuMarcMayJulySeptNove

PHP to JOD 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 0.0128, compared to 0.0127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0128

H2 Avg (Jul–Dec) 0.0127

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0005 JOD (High: 0.0131 / Low: 0.0126). On the other end, October was the most stable month, with a tight range of 0.0001 JOD (High: 0.0125 / Low: 0.0124).

April Spread (Volatile) ±0.0005

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0129) against the same month in 2022 (average: 0.0138), the exchange rate shifted by -0.0009 (-6.41%).

2023 Avg (February) 0.0129

2022 Avg (February) 0.0138

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0130	0.0127	0.0129
February	0.0132	0.0128	0.0129
March	0.0131	0.0128	0.0130
April	0.0131	0.0126	0.0128
May	0.0128	0.0126	0.0127
June	0.0129	0.0126	0.0127
July	0.0131	0.0127	0.0129
August	0.0129	0.0124	0.0126
September	0.0125	0.0124	0.0125
October	0.0125	0.0124	0.0125
November	0.0129	0.0125	0.0127
December	0.0128	0.0127	0.0128