2023 PHP to XCD Historical Review

YEARLY HIGH

0.0504 XCD

YEARLY LOW

0.0472 XCD

YEARLY AVERAGE

0.0486 XCD

2023 PHP to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0504. Conversely, the yearly low was recorded on September 26, dropping to 0.0472.

This high-to-low spread represents a total annual volatility of 0.0032 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0492 to the December average rate of 0.0487, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0504 was down 5.04% compared to the 2022 peak of 0.0530, 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 12,590 XCD

2022 Average 12,424 XCD

Yearly Trough Low 11,799 XCD

Transaction Impact: A difference of 791.84 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0496

0.0474

JanuMarcMayJulySeptNove

PHP to XCD 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 0.0489, compared to 0.0483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0489

H2 Avg (Jul–Dec) 0.0483

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0018 XCD (High: 0.0498 / Low: 0.0480). On the other end, October was the most stable month, with a tight range of 0.0004 XCD (High: 0.0477 / Low: 0.0474).

April Spread (Volatile) ±0.0018

October Spread (Stable) ±0.0004

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 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0493) against the same month in 2022 (average: 0.0527), the exchange rate shifted by -0.0034 (-6.47%).

2023 Avg (February) 0.0493

2022 Avg (February) 0.0527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0497	0.0483	0.0492
February	0.0504	0.0487	0.0493
March	0.0500	0.0487	0.0494
April	0.0498	0.0480	0.0489
May	0.0488	0.0480	0.0485
June	0.0490	0.0481	0.0484
July	0.0497	0.0485	0.0492
August	0.0492	0.0475	0.0480
September	0.0477	0.0472	0.0476
October	0.0477	0.0474	0.0476
November	0.0490	0.0477	0.0485
December	0.0489	0.0484	0.0487