2023 PHP to SLL Historical Review

YEARLY HIGH

383.1165 SLL

YEARLY LOW

313.4538 SLL

YEARLY AVERAGE

342.8393 SLL

2023 PHP to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 383.1165. Conversely, the yearly low was recorded on May 31, dropping to 313.4538.

This high-to-low spread represents a total annual volatility of 69.6628 SLL. From a start-to-finish perspective, comparing the January average rate of 321.5953 to the December average rate of 377.6968, the exchange rate registered a net change of 17.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 383.1165 was up 19.15% compared to the 2022 peak of 321.5326, 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 95,779,128 SLL

2022 Average 62,750,222 SLL

Yearly Trough Low 78,363,438 SLL

Transaction Impact: A difference of 17,415,690.13 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

383.8132

310.4165

JanuMarcMayJulySeptNove

PHP to SLL 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 319.9136, compared to 365.7649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 45.8513 points.

H1 Avg (Jan–Jun) 319.9136

H2 Avg (Jul–Dec) 365.7649

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 65.8002 SLL (High: 383.1165 / Low: 317.3164). On the other end, October was the most stable month, with a tight range of 2.8579 SLL (High: 370.4826 / Low: 367.6248).

July Spread (Volatile) ±65.8002

October Spread (Stable) ±2.8579

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 August and September, when the average rate fell by 3.2211 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.2211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 329.5198) against the same month in 2022 (average: 242.0952), the exchange rate shifted by +87.4246 (+36.11%).

2023 Avg (July) 329.5198

2022 Avg (July) 242.0952

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	324.8138	315.6155	321.5953
February	329.1840	318.1450	322.0622
March	326.5853	318.1736	322.7803
April	325.4661	313.7099	319.7486
May	319.2300	313.4538	316.7626
June	320.2444	314.1338	316.5329
July	383.1165	317.3164	329.5198
August	381.9477	368.7139	372.4550
September	370.2340	366.1867	369.2339
October	370.4826	367.6248	369.3157
November	379.9959	369.9695	376.3684
December	379.2982	375.3770	377.6968