YEARLY HIGH
0.0890 LYD
YEARLY LOW
0.0844 LYD
YEARLY AVERAGE
0.0865 LYD

2023 PHP to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0890. Conversely, the yearly low was recorded on August 14, dropping to 0.0844.

This high-to-low spread represents a total annual volatility of 0.0045 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0870 to the December average rate of 0.0866, the exchange rate registered a net change of -0.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0890 was down 3.45% compared to the 2022 peak of 0.0922, 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 22,247 LYD
2022 Average 22,061 LYD
Yearly Trough Low 21,111 LYD
Transaction Impact: A difference of 1,135.23 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0880
0.0852
JanuMarcMayJulySeptNove

PHP to LYD 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 0.0867, compared to 0.0862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0867
H2 Avg (Jul–Dec) 0.0862

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0035 LYD (High: 0.0880 / Low: 0.0845). On the other end, October was the most stable month, with a tight range of 0.0008 LYD (High: 0.0865 / Low: 0.0857).

April Spread (Volatile) ±0.0035
October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between August and November, 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 March and April, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0874) against the same month in 2022 (average: 0.0895), the exchange rate shifted by -0.0021 (-2.31%).

2023 Avg (February) 0.0874
2022 Avg (February) 0.0895

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0879 0.0859 0.0870
February 0.0890 0.0860 0.0874
March 0.0889 0.0869 0.0878
April 0.0880 0.0845 0.0862
May 0.0865 0.0850 0.0857
June 0.0872 0.0855 0.0863
July 0.0876 0.0860 0.0869
August 0.0871 0.0844 0.0854
September 0.0865 0.0845 0.0854
October 0.0865 0.0857 0.0861
November 0.0878 0.0862 0.0870
December 0.0874 0.0858 0.0866