2023 PHP to TWD Historical Review

YEARLY HIGH

0.5788 TWD

YEARLY LOW

0.5412 TWD

YEARLY AVERAGE

0.5600 TWD

2023 PHP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.5788. Conversely, the yearly low was recorded on April 18, dropping to 0.5412.

This high-to-low spread represents a total annual volatility of 0.0375 TWD. From a start-to-finish perspective, comparing the January average rate of 0.5533 to the December average rate of 0.5622, the exchange rate registered a net change of 1.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5788 was up 1.57% compared to the 2022 peak of 0.5698, 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 144,688 TWD

2022 Average 136,642 TWD

Yearly Trough Low 135,311 TWD

Transaction Impact: A difference of 9,376.71 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5746

0.5484

JanuMarcMayJulySeptNove

PHP to TWD 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 0.5532, compared to 0.5667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 0.5532

H2 Avg (Jul–Dec) 0.5667

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0214 TWD (High: 0.5627 / Low: 0.5412). On the other end, October was the most stable month, with a tight range of 0.0070 TWD (High: 0.5710 / Low: 0.5640).

April Spread (Volatile) ±0.0214

October Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 0.0102 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0102

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.5724) against the same month in 2022 (average: 0.5458), the exchange rate shifted by +0.0267 (+4.89%).

2023 Avg (November) 0.5724

2022 Avg (November) 0.5458

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5573	0.5480	0.5533
February	0.5587	0.5456	0.5519
March	0.5625	0.5496	0.5582
April	0.5627	0.5412	0.5531
May	0.5554	0.5427	0.5505
June	0.5638	0.5453	0.5522
July	0.5745	0.5619	0.5680
August	0.5756	0.5604	0.5651
September	0.5692	0.5593	0.5639
October	0.5710	0.5640	0.5686
November	0.5788	0.5641	0.5724
December	0.5703	0.5539	0.5622