2023 PHP to BRL Historical Review

YEARLY HIGH

0.0979 BRL

YEARLY LOW

0.0856 BRL

YEARLY AVERAGE

0.0898 BRL

2023 PHP to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0979. Conversely, the yearly low was recorded on August 29, dropping to 0.0856.

This high-to-low spread represents a total annual volatility of 0.0123 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0944 to the December average rate of 0.0882, the exchange rate registered a net change of -6.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0979 was down 12.55% compared to the 2022 peak of 0.1120, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 24,482 BRL

2022 Average 23,722 BRL

Yearly Trough Low 21,396 BRL

Transaction Impact: A difference of 3,085.40 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0960

0.0861

JanuMarcMayJulySeptNove

PHP to BRL 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 0.0918, compared to 0.0878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0918

H2 Avg (Jul–Dec) 0.0878

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0053 BRL (High: 0.0979 / Low: 0.0926). On the other end, November was the most stable month, with a tight range of 0.0019 BRL (High: 0.0887 / Low: 0.0868).

January Spread (Volatile) ±0.0053

November Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0044 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0944) against the same month in 2022 (average: 0.1078), the exchange rate shifted by -0.0134 (-12.42%).

2023 Avg (January) 0.0944

2022 Avg (January) 0.1078

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0979	0.0926	0.0944
February	0.0968	0.0931	0.0944
March	0.0976	0.0929	0.0952
April	0.0933	0.0882	0.0908
May	0.0909	0.0872	0.0892
June	0.0894	0.0856	0.0869
July	0.0885	0.0860	0.0874
August	0.0886	0.0856	0.0872
September	0.0889	0.0856	0.0871
October	0.0912	0.0874	0.0892
November	0.0887	0.0868	0.0880
December	0.0893	0.0868	0.0882

2023 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு