YEARLY HIGH
137.4508 PYG
YEARLY LOW
126.5770 PYG
YEARLY AVERAGE
131.0641 PYG

2023 PHP to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 137.4508. Conversely, the yearly low was recorded on April 19, dropping to 126.5770.

This high-to-low spread represents a total annual volatility of 10.8738 PYG. From a start-to-finish perspective, comparing the January average rate of 134.2917 to the December average rate of 132.5398, the exchange rate registered a net change of -1.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 137.4508 was down 0.75% compared to the 2022 peak of 138.4871, 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 34,362,702 PYG
2022 Average 32,074,195 PYG
Yearly Trough Low 31,644,250 PYG
Transaction Impact: A difference of 2,718,451.18 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

134.9106
127.4834
JanuMarcMayJulySeptNove

PHP to PYG 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 131.2302, compared to 130.8979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3323 points.

H1 Avg (Jan–Jun) 131.2302
H2 Avg (Jul–Dec) 130.8979

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 6.8572 PYG (High: 137.4508 / Low: 130.5936). On the other end, September was the most stable month, with a tight range of 1.8285 PYG (High: 129.1066 / Low: 127.2781).

February Spread (Volatile) ±6.8572
September Spread (Stable) ±1.8285

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.1139 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.1139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 133.1225) against the same month in 2022 (average: 135.9137), the exchange rate shifted by -2.7912 (-2.05%).

2023 Avg (February) 133.1225
2022 Avg (February) 135.9137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 136.7879 130.4025 134.2917
February 137.4508 130.5936 133.1225
March 132.8523 129.6016 131.3421
April 132.3006 126.5770 129.5792
May 130.3450 127.9828 129.1318
June 131.8360 128.0717 129.9142
July 133.6253 130.3312 132.2808
August 132.5518 127.5979 129.1668
September 129.1066 127.2781 128.1023
October 131.5179 128.3079 129.8204
November 134.6632 131.6076 133.4773
December 134.4583 130.9998 132.5398