2023 BAM to PHP Historical Review

YEARLY HIGH

31.8084 PHP

YEARLY LOW

29.6153 PHP

YEARLY AVERAGE

30.7617 PHP

2023 BAM to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BAM to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 31.8084. Conversely, the yearly low was recorded on January 6, dropping to 29.6153.

This high-to-low spread represents a total annual volatility of 2.1931 PHP. From a start-to-finish perspective, comparing the January average rate of 30.2234 to the December average rate of 30.9867, the exchange rate registered a net change of 2.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 31.8084 was up 3.98% compared to the 2022 peak of 30.5898, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159,042 PHP

2022 Average 146,558 PHP

Yearly Trough Low 148,077 PHP

Transaction Impact: A difference of 10,965.27 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

31.5646

29.8089

JanuMarcMayJulySeptNove

BAM 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 30.5273, compared to 30.9961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4688 points.

H1 Avg (Jan–Jun) 30.5273

H2 Avg (Jul–Dec) 30.9961

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 1.3542 PHP (High: 31.5826 / Low: 30.2284). On the other end, October was the most stable month, with a tight range of 0.5397 PHP (High: 30.9584 / Low: 30.4187).

April Spread (Volatile) ±1.3542

October Spread (Stable) ±0.5397

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3734 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3734

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 31.4183) against the same month in 2022 (average: 28.9140), the exchange rate shifted by +2.5043 (+8.66%).

2023 Avg (August) 31.4183

2022 Avg (August) 28.9140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.4885	29.6153	30.2234
February	30.3369	29.7107	30.0455
March	30.2376	29.6193	29.9552
April	31.5826	30.2284	31.0048
May	31.3617	30.6592	31.0131
June	31.2628	30.6616	30.9220
July	31.3701	30.7278	31.0434
August	31.8084	30.8158	31.4183
September	31.4945	30.5284	31.0555
October	30.9584	30.4187	30.6821
November	31.1505	30.3690	30.7907
December	31.4263	30.4881	30.9867

2023 BAM నుండి PHP చారిత్రక సమీక్ష