2023 PHP to KGS Historical Review

YEARLY HIGH

1.6169 KGS

YEARLY LOW

1.5021 KGS

YEARLY AVERAGE

1.5797 KGS

2023 PHP to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 1.6169. Conversely, the yearly low was recorded on January 4, dropping to 1.5021.

This high-to-low spread represents a total annual volatility of 0.1148 KGS. From a start-to-finish perspective, comparing the January average rate of 1.5582 to the December average rate of 1.6054, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.6169 was down 17.73% compared to the 2022 peak of 1.9654, 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 404,216 KGS

2022 Average 387,830 KGS

Yearly Trough Low 375,528 KGS

Transaction Impact: A difference of 28,687.51 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.6102

1.5534

JanuMarcMayJulySeptNove

PHP to KGS 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 1.5767, compared to 1.5827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 1.5767

H2 Avg (Jul–Dec) 1.5827

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0815 KGS (High: 1.5836 / Low: 1.5021). On the other end, October was the most stable month, with a tight range of 0.0158 KGS (High: 1.5767 / Low: 1.5608).

January Spread (Volatile) ±0.0815

October Spread (Stable) ±0.0158

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 0.0333 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.5977) against the same month in 2022 (average: 1.4438), the exchange rate shifted by +0.1539 (+10.66%).

2023 Avg (July) 1.5977

2022 Avg (July) 1.4438

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5836	1.5021	1.5582
February	1.6073	1.5696	1.5855
March	1.6162	1.5746	1.5974
April	1.6107	1.5543	1.5834
May	1.5815	1.5542	1.5685
June	1.5828	1.5556	1.5671
July	1.6169	1.5734	1.5977
August	1.5989	1.5521	1.5644
September	1.5662	1.5467	1.5591
October	1.5767	1.5608	1.5694
November	1.6149	1.5759	1.6003
December	1.6155	1.5940	1.6054