2023 PHP to SZL Historical Review

YEARLY HIGH

0.3525 SZL

YEARLY LOW

0.3018 SZL

YEARLY AVERAGE

0.3316 SZL

2023 PHP to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.3525. Conversely, the yearly low was recorded on January 4, dropping to 0.3018.

This high-to-low spread represents a total annual volatility of 0.0508 SZL. From a start-to-finish perspective, comparing the January average rate of 0.3114 to the December average rate of 0.3356, the exchange rate registered a net change of 7.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3525 was up 10.69% compared to the 2022 peak of 0.3185, 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 88,137 SZL

2022 Average 75,016 SZL

Yearly Trough Low 75,442 SZL

Transaction Impact: A difference of 12,694.65 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3444

0.3084

JanuMarcMayJulySeptNove

PHP to SZL 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 0.3294, compared to 0.3338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.3294

H2 Avg (Jul–Dec) 0.3338

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0266 SZL (High: 0.3525 / Low: 0.3260). On the other end, September was the most stable month, with a tight range of 0.0095 SZL (High: 0.3386 / Low: 0.3290).

June Spread (Volatile) ±0.0266

September Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between July and October, 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 May and June, when the average rate fell by 0.0061 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.3353) against the same month in 2022 (average: 0.2939), the exchange rate shifted by +0.0414 (+14.10%).

2023 Avg (June) 0.3353

2022 Avg (June) 0.2939

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3187	0.3018	0.3114
February	0.3346	0.3161	0.3263
March	0.3430	0.3271	0.3335
April	0.3361	0.3227	0.3281
May	0.3508	0.3297	0.3414
June	0.3525	0.3260	0.3353
July	0.3418	0.3205	0.3318
August	0.3427	0.3268	0.3336
September	0.3386	0.3290	0.3337
October	0.3429	0.3305	0.3358
November	0.3412	0.3249	0.3322
December	0.3436	0.3268	0.3356