2023 PHP to NZD Historical Review

YEARLY HIGH

0.0304 NZD

YEARLY LOW

0.0281 NZD

YEARLY AVERAGE

0.0293 NZD

2023 PHP to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0304. Conversely, the yearly low was recorded on January 24, dropping to 0.0281.

This high-to-low spread represents a total annual volatility of 0.0022 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0284 to the December average rate of 0.0289, the exchange rate registered a net change of 1.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0304 was down 0.61% compared to the 2022 peak of 0.0306, 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 7,596 NZD

2022 Average 7,234 NZD

Yearly Trough Low 7,036 NZD

Transaction Impact: A difference of 559.38 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0301

0.0283

JanuMarcMayJulySeptNove

PHP to NZD 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 0.0290, compared to 0.0296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0290

H2 Avg (Jul–Dec) 0.0296

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0014 NZD (High: 0.0296 / Low: 0.0282). On the other end, January was the most stable month, with a tight range of 0.0006 NZD (High: 0.0287 / Low: 0.0281).

May Spread (Volatile) ±0.0014

January Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0010 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0299) against the same month in 2022 (average: 0.0286), the exchange rate shifted by +0.0013 (+4.49%).

2023 Avg (November) 0.0299

2022 Avg (November) 0.0286

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0287	0.0281	0.0284
February	0.0295	0.0284	0.0290
March	0.0298	0.0290	0.0294
April	0.0296	0.0286	0.0291
May	0.0296	0.0282	0.0289
June	0.0298	0.0288	0.0292
July	0.0296	0.0288	0.0293
August	0.0301	0.0291	0.0297
September	0.0300	0.0294	0.0297
October	0.0304	0.0291	0.0299
November	0.0304	0.0293	0.0299
December	0.0295	0.0283	0.0289