2023 SBD to PHP Historical Review

YEARLY HIGH

6.8307 PHP

YEARLY LOW

6.4939 PHP

YEARLY AVERAGE

6.6642 PHP

2023 SBD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 6.8307. Conversely, the yearly low was recorded on July 14, dropping to 6.4939.

This high-to-low spread represents a total annual volatility of 0.3368 PHP. From a start-to-finish perspective, comparing the January average rate of 6.6469 to the December average rate of 6.5646, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.8307 was down 5.86% compared to the 2022 peak of 7.2556, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,154 PHP

2022 Average 33,482 PHP

Yearly Trough Low 32,469 PHP

Transaction Impact: A difference of 1,684.11 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.7810

6.5437

JanuMarcMayJulySeptNove

SBD 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 6.6693, compared to 6.6591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 6.6693

H2 Avg (Jul–Dec) 6.6591

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.2455 PHP (High: 6.8125 / Low: 6.5670). On the other end, October was the most stable month, with a tight range of 0.0792 PHP (High: 6.7682 / Low: 6.6889).

April Spread (Volatile) ±0.2455

October Spread (Stable) ±0.0792

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.1318 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 6.7612) against the same month in 2022 (average: 7.0451), the exchange rate shifted by -0.2838 (-4.03%).

2023 Avg (September) 6.7612

2022 Avg (September) 7.0451

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.7721	6.5776	6.6469
February	6.7366	6.5464	6.6622
March	6.7302	6.5655	6.6506
April	6.8125	6.5670	6.6631
May	6.7620	6.6580	6.6977
June	6.7418	6.6241	6.6952
July	6.6638	6.4939	6.5635
August	6.7957	6.5603	6.7281
September	6.8307	6.7128	6.7612
October	6.7682	6.6889	6.7329
November	6.7324	6.5290	6.6044
December	6.6177	6.5232	6.5646