2023 QAR to PHP Historical Review

YEARLY HIGH

15.7277 PHP

YEARLY LOW

14.5724 PHP

YEARLY AVERAGE

15.2648 PHP

2023 QAR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the QAR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 15.7277. Conversely, the yearly low was recorded on February 5, dropping to 14.5724.

This high-to-low spread represents a total annual volatility of 1.1553 PHP. From a start-to-finish perspective, comparing the January average rate of 15.0753 to the December average rate of 15.2334, the exchange rate registered a net change of 1.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.7277 was down 3.32% compared to the 2022 peak of 16.2675, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 78,638 PHP

2022 Average 74,795 PHP

Yearly Trough Low 72,862 PHP

Transaction Impact: A difference of 5,776.34 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.6527

14.9497

JanuMarcMayJulySeptNove

QAR to PHP 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 15.1535, compared to 15.3761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2226 points.

H1 Avg (Jan–Jun) 15.1535

H2 Avg (Jul–Dec) 15.3761

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.7069 PHP (High: 15.2793 / Low: 14.5724). On the other end, October was the most stable month, with a tight range of 0.1219 PHP (High: 15.6597 / Low: 15.5378).

February Spread (Volatile) ±0.7069

October Spread (Stable) ±0.1219

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.2760 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2760

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 15.5941) against the same month in 2022 (average: 15.8331), the exchange rate shifted by -0.2389 (-1.51%).

2023 Avg (September) 15.5941

2022 Avg (September) 15.8331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.3722	14.9196	15.0753
February	15.2793	14.5724	15.0413
March	15.2486	14.7669	15.0083
April	15.4623	14.7764	15.1575
May	15.4743	15.1925	15.3163
June	15.4468	15.1449	15.3224
July	15.2868	14.9268	15.0825
August	15.6197	15.0787	15.4510
September	15.7277	15.5568	15.5941
October	15.6597	15.5378	15.5859
November	15.5478	15.1536	15.3099
December	15.3408	15.1465	15.2334