2023 PHP to MDL Historical Review

YEARLY HIGH

0.3515 MDL

YEARLY LOW

0.3077 MDL

YEARLY AVERAGE

0.3256 MDL

2023 PHP to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.3515. Conversely, the yearly low was recorded on August 15, dropping to 0.3077.

This high-to-low spread represents a total annual volatility of 0.0437 MDL. From a start-to-finish perspective, comparing the January average rate of 0.3457 to the December average rate of 0.3171, the exchange rate registered a net change of -8.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3515 was down 3.86% compared to the 2022 peak of 0.3656, 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 87,867 MDL

2022 Average 86,643 MDL

Yearly Trough Low 76,932 MDL

Transaction Impact: A difference of 10,935.31 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3489

0.3108

JanuMarcMayJulySeptNove

PHP to MDL 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 0.3323, compared to 0.3189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 0.3323

H2 Avg (Jul–Dec) 0.3189

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0191 MDL (High: 0.3372 / Low: 0.3181). On the other end, November was the most stable month, with a tight range of 0.0056 MDL (High: 0.3238 / Low: 0.3182).

April Spread (Volatile) ±0.0191

November Spread (Stable) ±0.0056

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 0.0134 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.3422) against the same month in 2022 (average: 0.3488), the exchange rate shifted by -0.0066 (-1.89%).

2023 Avg (February) 0.3422

2022 Avg (February) 0.3488

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3498	0.3419	0.3457
February	0.3515	0.3353	0.3422
March	0.3441	0.3371	0.3400
April	0.3372	0.3181	0.3265
May	0.3236	0.3150	0.3186
June	0.3311	0.3163	0.3207
July	0.3330	0.3159	0.3260
August	0.3233	0.3077	0.3140
September	0.3228	0.3116	0.3165
October	0.3222	0.3165	0.3193
November	0.3238	0.3182	0.3203
December	0.3226	0.3122	0.3171