2023 AZN to PHP Historical Review

YEARLY HIGH

33.6850 PHP

YEARLY LOW

31.5665 PHP

YEARLY AVERAGE

32.7125 PHP

2023 AZN to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AZN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 33.6850. Conversely, the yearly low was recorded on February 5, dropping to 31.5665.

This high-to-low spread represents a total annual volatility of 2.1185 PHP. From a start-to-finish perspective, comparing the January average rate of 32.3136 to the December average rate of 32.6588, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 33.6850 was down 3.32% compared to the 2022 peak of 34.8412, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 168,425 PHP

2022 Average 160,316 PHP

Yearly Trough Low 157,832 PHP

Transaction Impact: A difference of 10,592.66 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

33.5291

32.0662

JanuMarcMayJulySeptNove

AZN 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 32.4836, compared to 32.9415 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4580 points.

H1 Avg (Jan–Jun) 32.4836

H2 Avg (Jul–Dec) 32.9415

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 1.1965 PHP (High: 33.1235 / Low: 31.9271). On the other end, October was the most stable month, with a tight range of 0.2588 PHP (High: 33.5532 / Low: 33.2944).

April Spread (Volatile) ±1.1965

October Spread (Stable) ±0.2588

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 0.6316 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 33.4072) against the same month in 2022 (average: 33.9141), the exchange rate shifted by -0.5069 (-1.49%).

2023 Avg (September) 33.4072

2022 Avg (September) 33.9141

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.9235	31.9912	32.3136
February	32.6618	31.5665	32.2671
March	32.6588	31.8176	32.1881
April	33.1235	31.9271	32.5019
May	33.1506	32.5508	32.8052
June	33.0788	32.4112	32.8255
July	32.7471	31.9682	32.2946
August	33.4541	32.2950	33.1207
September	33.6850	33.3168	33.4072
October	33.5532	33.2944	33.3997
November	33.3406	32.4609	32.7681
December	32.8603	32.5206	32.6588

2023 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு