2023 SAR to PHP Historical Review

YEARLY HIGH

15.2682 PHP

YEARLY LOW

14.2998 PHP

YEARLY AVERAGE

14.8243 PHP

2023 SAR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 15.2682. Conversely, the yearly low was recorded on February 5, dropping to 14.2998.

This high-to-low spread represents a total annual volatility of 0.9683 PHP. From a start-to-finish perspective, comparing the January average rate of 14.6246 to the December average rate of 14.8013, the exchange rate registered a net change of 1.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.2682 was down 3.03% compared to the 2022 peak of 15.7455, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76,341 PHP

2022 Average 72,579 PHP

Yearly Trough Low 71,499 PHP

Transaction Impact: A difference of 4,841.58 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.1988

14.5196

JanuMarcMayJulySeptNove

SAR 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 14.7172, compared to 14.9314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2141 points.

H1 Avg (Jan–Jun) 14.7172

H2 Avg (Jul–Dec) 14.9314

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.5537 PHP (High: 15.0154 / Low: 14.4616). On the other end, October was the most stable month, with a tight range of 0.1163 PHP (High: 15.2057 / Low: 15.0894).

April Spread (Volatile) ±0.5537

October Spread (Stable) ±0.1163

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 0.2802 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2802

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 15.1422) against the same month in 2022 (average: 15.3359), the exchange rate shifted by -0.1937 (-1.26%).

2023 Avg (September) 15.1422

2022 Avg (September) 15.3359

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.8831	14.4864	14.6246
February	14.7968	14.2998	14.6218
March	14.7931	14.4026	14.5762
April	15.0154	14.4616	14.7298
May	15.0252	14.7536	14.8702
June	14.9927	14.7078	14.8806
July	14.8480	14.4831	14.6387
August	15.1623	14.6328	15.0103
September	15.2682	15.0994	15.1422
October	15.2057	15.0894	15.1379
November	15.1087	14.7133	14.8577
December	14.8909	14.7433	14.8013