YEARLY HIGH
15.5906 PHP
YEARLY LOW
14.6101 PHP
YEARLY AVERAGE
15.1422 PHP

2023 AED to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 15.5906. Conversely, the yearly low was recorded on February 5, dropping to 14.6101.

This high-to-low spread represents a total annual volatility of 0.9805 PHP. From a start-to-finish perspective, comparing the January average rate of 14.9563 to the December average rate of 15.1176, the exchange rate registered a net change of 1.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.5906 was down 3.32% compared to the 2022 peak of 16.1257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 77,953 PHP
2022 Average 74,199 PHP
Yearly Trough Low 73,050 PHP
Transaction Impact: A difference of 4,902.45 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.5180
14.8460
JanuMarcMayJulySeptNove

AED 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 15.0366, compared to 15.2477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2111 points.

H1 Avg (Jan–Jun) 15.0366
H2 Avg (Jul–Dec) 15.2477

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.5548 PHP (High: 15.3333 / Low: 14.7784). On the other end, October was the most stable month, with a tight range of 0.1200 PHP (High: 15.5297 / Low: 15.4097).

April Spread (Volatile) ±0.5548
October Spread (Stable) ±0.1200

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 0.2884 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2884

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 15.4620) against the same month in 2022 (average: 15.6965), the exchange rate shifted by -0.2345 (-1.49%).

2023 Avg (September) 15.4620
2022 Avg (September) 15.6965

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.2382 14.8067 14.9563
February 15.1171 14.6101 14.9344
March 15.1160 14.7288 14.9020
April 15.3333 14.7784 15.0456
May 15.3434 15.0694 15.1868
June 15.3104 15.0176 15.1945
July 15.1565 14.7959 14.9487
August 15.4835 14.9470 15.3293
September 15.5906 15.4202 15.4620
October 15.5297 15.4097 15.4585
November 15.4313 15.0245 15.1701
December 15.2110 15.0542 15.1176