2023 PHP to TJS Historical Review

YEARLY HIGH

0.2019 TJS

YEARLY LOW

0.1804 TJS

YEARLY AVERAGE

0.1943 TJS

2023 PHP to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 0.2019. Conversely, the yearly low was recorded on March 5, dropping to 0.1804.

This high-to-low spread represents a total annual volatility of 0.0215 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1863 to the December average rate of 0.1970, the exchange rate registered a net change of 5.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2019 was down 19.93% compared to the 2022 peak of 0.2522, 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 50,474 TJS

2022 Average 50,611 TJS

Yearly Trough Low 45,089 TJS

Transaction Impact: A difference of 5,384.52 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2003

0.1850

JanuMarcMayJulySeptNove

PHP to TJS 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 0.1929, compared to 0.1956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.1929

H2 Avg (Jul–Dec) 0.1956

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0215 TJS (High: 0.2019 / Low: 0.1804). On the other end, October was the most stable month, with a tight range of 0.0024 TJS (High: 0.1941 / Low: 0.1917).

March Spread (Volatile) ±0.0215

October Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between January and April, 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 0.0041 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1930) against the same month in 2022 (average: 0.2388), the exchange rate shifted by -0.0459 (-19.20%).

2023 Avg (March) 0.1930

2022 Avg (March) 0.2388

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1890	0.1815	0.1863
February	0.1955	0.1806	0.1894
March	0.2019	0.1804	0.1930
April	0.2012	0.1940	0.1974
May	0.1973	0.1937	0.1958
June	0.1980	0.1938	0.1957
July	0.2013	0.1956	0.1990
August	0.1996	0.1931	0.1949
September	0.1943	0.1918	0.1934
October	0.1941	0.1917	0.1932
November	0.1977	0.1932	0.1962
December	0.1980	0.1955	0.1970