YEARLY HIGH
0.1262 PHP
YEARLY LOW
0.1168 PHP
YEARLY AVERAGE
0.1221 PHP

2023 KMF to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.1262. Conversely, the yearly low was recorded on March 16, dropping to 0.1168.

This high-to-low spread represents a total annual volatility of 0.0094 PHP. From a start-to-finish perspective, comparing the January average rate of 0.1202 to the December average rate of 0.1231, the exchange rate registered a net change of 2.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1262 was up 2.79% compared to the 2022 peak of 0.1228, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 631 PHP
2022 Average 583 PHP
Yearly Trough Low 584 PHP
Transaction Impact: A difference of 47.15 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1253
0.1182
JanuMarcMayJulySeptNove

KMF 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 0.1212, compared to 0.1230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.1212
H2 Avg (Jul–Dec) 0.1230

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0058 PHP (High: 0.1258 / Low: 0.1200). On the other end, October was the most stable month, with a tight range of 0.0018 PHP (High: 0.1224 / Low: 0.1207).

April Spread (Volatile) ±0.0058
October Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between June and August, 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 August and September, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.1247) against the same month in 2022 (average: 0.1148), the exchange rate shifted by +0.0099 (+8.61%).

2023 Avg (August) 0.1247
2022 Avg (August) 0.1148

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1213 0.1183 0.1202
February 0.1205 0.1177 0.1192
March 0.1203 0.1168 0.1188
April 0.1258 0.1200 0.1231
May 0.1242 0.1216 0.1231
June 0.1239 0.1216 0.1227
July 0.1247 0.1219 0.1232
August 0.1262 0.1225 0.1247
September 0.1254 0.1214 0.1232
October 0.1224 0.1207 0.1218
November 0.1239 0.1193 0.1221
December 0.1253 0.1211 0.1231