2023 PHP to KWD Historical Review

YEARLY HIGH

0.0057 KWD

YEARLY LOW

0.0054 KWD

YEARLY AVERAGE

0.0055 KWD

2023 PHP to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0057. Conversely, the yearly low was recorded on September 26, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0003 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0056 to the December average rate of 0.0055, 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 0.0057 was down 4.41% compared to the 2022 peak of 0.0059, 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 1,419 KWD

2022 Average 1,408 KWD

Yearly Trough Low 1,350 KWD

Transaction Impact: A difference of 68.96 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0056

0.0054

JanuMarcMayJulySeptNove

PHP to KWD 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 0.0055, compared to 0.0055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0055

H2 Avg (Jul–Dec) 0.0055

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0002 KWD (High: 0.0057 / Low: 0.0054). On the other end, October was the most stable month, with a tight range of 0.0001 KWD (High: 0.0055 / Low: 0.0054).

April Spread (Volatile) ±0.0002

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 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0056) against the same month in 2022 (average: 0.0059), the exchange rate shifted by -0.0003 (-5.38%).

2023 Avg (February) 0.0056

2022 Avg (February) 0.0059

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0056	0.0055	0.0056
February	0.0057	0.0055	0.0056
March	0.0057	0.0055	0.0056
April	0.0057	0.0054	0.0055
May	0.0055	0.0055	0.0055
June	0.0056	0.0055	0.0055
July	0.0056	0.0055	0.0056
August	0.0056	0.0054	0.0055
September	0.0055	0.0054	0.0054
October	0.0055	0.0054	0.0054
November	0.0056	0.0055	0.0055
December	0.0056	0.0055	0.0055