2023 PHP to SAR Historical Review

YEARLY HIGH

0.0699 SAR

YEARLY LOW

0.0655 SAR

YEARLY AVERAGE

0.0675 SAR

2023 PHP to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0699. Conversely, the yearly low was recorded on September 26, dropping to 0.0655.

This high-to-low spread represents a total annual volatility of 0.0044 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0684 to the December average rate of 0.0676, the exchange rate registered a net change of -1.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0699 was down 5.07% compared to the 2022 peak of 0.0737, 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 17,483 SAR

2022 Average 17,260 SAR

Yearly Trough Low 16,374 SAR

Transaction Impact: A difference of 1,108.76 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0689

0.0658

JanuMarcMayJulySeptNove

PHP to SAR 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 0.0680, compared to 0.0670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0680

H2 Avg (Jul–Dec) 0.0670

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0025 SAR (High: 0.0691 / Low: 0.0666). On the other end, October was the most stable month, with a tight range of 0.0005 SAR (High: 0.0663 / Low: 0.0658).

April Spread (Volatile) ±0.0025

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0684) against the same month in 2022 (average: 0.0731), the exchange rate shifted by -0.0047 (-6.48%).

2023 Avg (February) 0.0684

2022 Avg (February) 0.0731

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0690	0.0672	0.0684
February	0.0699	0.0676	0.0684
March	0.0694	0.0676	0.0686
April	0.0691	0.0666	0.0679
May	0.0678	0.0666	0.0673
June	0.0680	0.0667	0.0672
July	0.0690	0.0673	0.0683
August	0.0683	0.0660	0.0666
September	0.0662	0.0655	0.0660
October	0.0663	0.0658	0.0661
November	0.0680	0.0662	0.0673
December	0.0678	0.0672	0.0676