2023 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு
2023 ஆம் ஆண்டு முழுவதும் நாணய மாற்று விகிதச் செயல்பாட்டின் விரிவான பகுப்பாய்வு.
2023 PHP to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the PHP to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 24.2198. Conversely, the yearly low was recorded on January 19, dropping to 22.5202.
This high-to-low spread represents a total annual volatility of 1.6996 KRW. From a start-to-finish perspective, comparing the January average rate of 22.6189 to the December average rate of 23.4410, the exchange rate registered a net change of 3.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 24.2198 was down 1.70% compared to the 2022 peak of 24.6392, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
PHP to KRW Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 23.4567, compared to 23.5122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0554 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 1.2980 KRW (High: 23.8867 / Low: 22.5887). On the other end, October was the most stable month, with a tight range of 0.3019 KRW (High: 23.9383 / Low: 23.6364).
Growth Streaks & Declines
TrendsBetween January and April, 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 May and June, when the average rate fell by 0.5981 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2023: 23.8123) against the same month in 2022 (average: 24.1951), the exchange rate shifted by -0.3828 (-1.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.8649 | 22.5202 | 22.6189 |
| February | 23.8867 | 22.5887 | 23.3293 |
| March | 24.0895 | 23.3390 | 23.8462 |
| April | 24.1979 | 23.3947 | 23.9194 |
| May | 24.2198 | 23.4300 | 23.8123 |
| June | 23.8643 | 22.6775 | 23.2142 |
| July | 23.8141 | 23.1753 | 23.4035 |
| August | 23.8668 | 23.2700 | 23.5081 |
| September | 23.8820 | 23.2150 | 23.4876 |
| October | 23.9383 | 23.6364 | 23.7818 |
| November | 23.8441 | 23.1792 | 23.4509 |
| December | 23.7634 | 23.1241 | 23.4410 |