2023 HTG to PHP Historical Review

YEARLY HIGH

0.4279 PHP

YEARLY LOW

0.3485 PHP

YEARLY AVERAGE

0.3941 PHP

2023 HTG to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.4279. Conversely, the yearly low was recorded on March 27, dropping to 0.3485.

This high-to-low spread represents a total annual volatility of 0.0794 PHP. From a start-to-finish perspective, comparing the January average rate of 0.3701 to the December average rate of 0.4199, the exchange rate registered a net change of 13.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4279 was down 17.28% compared to the 2022 peak of 0.5173, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,140 PHP

2022 Average 2,338 PHP

Yearly Trough Low 1,743 PHP

Transaction Impact: A difference of 396.90 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4306

0.3496

JanuMarcMayJulySeptNove

HTG 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 0.3721, compared to 0.4161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0440 points.

H1 Avg (Jan–Jun) 0.3721

H2 Avg (Jul–Dec) 0.4161

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0445 PHP (High: 0.4027 / Low: 0.3582). On the other end, December was the most stable month, with a tight range of 0.0047 PHP (High: 0.4225 / Low: 0.4177).

May Spread (Volatile) ±0.0445

December Spread (Stable) ±0.0047

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 0.0088 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4238) against the same month in 2022 (average: 0.4725), the exchange rate shifted by -0.0486 (-10.29%).

2023 Avg (October) 0.4238

2022 Avg (October) 0.4725

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3794	0.3650	0.3701
February	0.3726	0.3545	0.3653
March	0.3671	0.3485	0.3564
April	0.3651	0.3509	0.3564
May	0.4027	0.3582	0.3839
June	0.4051	0.3972	0.4007
July	0.4054	0.3912	0.3987
August	0.4187	0.4020	0.4137
September	0.4257	0.4172	0.4198
October	0.4279	0.4176	0.4238
November	0.4273	0.4164	0.4205
December	0.4225	0.4177	0.4199

2023 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு