2023 SRD to PHP Historical Review

YEARLY HIGH

1.7709 PHP

YEARLY LOW

1.4172 PHP

YEARLY AVERAGE

1.5249 PHP

2023 SRD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 1.7709. Conversely, the yearly low was recorded on July 31, dropping to 1.4172.

This high-to-low spread represents a total annual volatility of 0.3537 PHP. From a start-to-finish perspective, comparing the January average rate of 1.7268 to the December average rate of 1.4860, the exchange rate registered a net change of -13.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.7709 was down 30.54% compared to the 2022 peak of 2.5496, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,854 PHP

2022 Average 11,452 PHP

Yearly Trough Low 7,086 PHP

Transaction Impact: A difference of 1,768.52 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.7549

1.4173

JanuMarcMayJulySeptNove

SRD 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 1.5764, compared to 1.4734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1030 points.

H1 Avg (Jan–Jun) 1.5764

H2 Avg (Jul–Dec) 1.4734

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1522 PHP (High: 1.6562 / Low: 1.5041). On the other end, October was the most stable month, with a tight range of 0.0205 PHP (High: 1.4989 / Low: 1.4784).

March Spread (Volatile) ±0.1522

October Spread (Stable) ±0.0205

Growth Streaks & Declines

Trends

Between July and October, 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 February and March, when the average rate fell by 0.0892 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0892

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.7268) against the same month in 2022 (average: 2.4211), the exchange rate shifted by -0.6943 (-28.68%).

2023 Avg (January) 1.7268

2022 Avg (January) 2.4211

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7709	1.6798	1.7268
February	1.7079	1.6329	1.6723
March	1.6562	1.5041	1.5831
April	1.5308	1.4849	1.5025
May	1.5126	1.4690	1.4935
June	1.5066	1.4498	1.4804
July	1.4942	1.4172	1.4454
August	1.4888	1.4237	1.4712
September	1.4972	1.4717	1.4829
October	1.4989	1.4784	1.4884
November	1.4874	1.4505	1.4669
December	1.5078	1.4609	1.4860