YEARLY HIGH
0.3151 PHP
YEARLY LOW
0.0683 PHP
YEARLY AVERAGE
0.2125 PHP

2023 ARS to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.3151. Conversely, the yearly low was recorded on December 31, dropping to 0.0683.

This high-to-low spread represents a total annual volatility of 0.2468 PHP. From a start-to-finish perspective, comparing the January average rate of 0.3019 to the December average rate of 0.1016, the exchange rate registered a net change of -66.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3151 was down 36.90% compared to the 2022 peak of 0.4994, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,576 PHP
2022 Average 2,127 PHP
Yearly Trough Low 342 PHP
Transaction Impact: A difference of 1,233.97 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3219
0.0815
JanuMarcMayJulySeptNove

ARS 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 0.2636, compared to 0.1613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1024 points.

H1 Avg (Jan–Jun) 0.2636
H2 Avg (Jul–Dec) 0.1613

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0851 PHP (High: 0.1535 / Low: 0.0683). On the other end, October was the most stable month, with a tight range of 0.0017 PHP (High: 0.1631 / Low: 0.1613).

December Spread (Volatile) ±0.0851
October Spread (Stable) ±0.0017

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 November and December, when the average rate fell by 0.0562 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0562

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3019) against the same month in 2022 (average: 0.4930), the exchange rate shifted by -0.1911 (-38.77%).

2023 Avg (January) 0.3019
2022 Avg (January) 0.4930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3151 0.2925 0.3019
February 0.2906 0.2812 0.2861
March 0.2798 0.2604 0.2703
April 0.2605 0.2505 0.2568
May 0.2498 0.2353 0.2418
June 0.2335 0.2155 0.2250
July 0.2168 0.1988 0.2068
August 0.2009 0.1606 0.1771
September 0.1636 0.1618 0.1623
October 0.1631 0.1613 0.1622
November 0.1620 0.1540 0.1578
December 0.1535 0.0683 0.1016