2023 PHP to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |