YEARLY HIGH
31.7695 PHP
YEARLY LOW
29.7714 PHP
YEARLY AVERAGE
30.8834 PHP

2023 AWG to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 31.7695. Conversely, the yearly low was recorded on February 5, dropping to 29.7714.

This high-to-low spread represents a total annual volatility of 1.9981 PHP. From a start-to-finish perspective, comparing the January average rate of 30.4995 to the December average rate of 30.8251, the exchange rate registered a net change of 1.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 31.7695 was down 3.32% compared to the 2022 peak of 32.8599, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158,847 PHP
2022 Average 151,405 PHP
Yearly Trough Low 148,857 PHP
Transaction Impact: A difference of 9,990.31 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.6562
30.2760
JanuMarcMayJulySeptNove

AWG 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 30.6610, compared to 31.1057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4446 points.

H1 Avg (Jan–Jun) 30.6610
H2 Avg (Jul–Dec) 31.1057

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 1.0947 PHP (High: 31.5956 / Low: 30.5008). On the other end, October was the most stable month, with a tight range of 0.2881 PHP (High: 31.6892 / Low: 31.4011).

August Spread (Volatile) ±1.0947
October Spread (Stable) ±0.2881

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 0.5195 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 31.5412) against the same month in 2022 (average: 32.0056), the exchange rate shifted by -0.4643 (-1.45%).

2023 Avg (September) 31.5412
2022 Avg (September) 32.0056

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.0944 30.1892 30.4995
February 30.8472 29.7714 30.4594
March 30.8017 30.0500 30.3910
April 31.2425 30.1533 30.6736
May 31.3017 30.6997 30.9606
June 31.2411 30.6450 30.9821
July 30.8849 30.1503 30.4731
August 31.5956 30.5008 31.2597
September 31.7695 31.4222 31.5412
October 31.6892 31.4011 31.5273
November 31.4447 30.7587 31.0077
December 31.0347 30.6713 30.8251