2023 BBD to PHP Historical Review

YEARLY HIGH

28.6323 PHP

YEARLY LOW

26.8315 PHP

YEARLY AVERAGE

27.8071 PHP

2023 BBD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 28.6323. Conversely, the yearly low was recorded on February 5, dropping to 26.8315.

This high-to-low spread represents a total annual volatility of 1.8008 PHP. From a start-to-finish perspective, comparing the January average rate of 27.4669 to the December average rate of 27.7600, 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 28.6323 was down 3.32% compared to the 2022 peak of 29.6150, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 143,161 PHP

2022 Average 136,268 PHP

Yearly Trough Low 134,157 PHP

Transaction Impact: A difference of 9,003.77 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

28.4992

27.2624

JanuMarcMayJulySeptNove

BBD 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 27.6125, compared to 28.0017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3893 points.

H1 Avg (Jan–Jun) 27.6125

H2 Avg (Jul–Dec) 28.0017

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 1.0170 PHP (High: 28.1550 / Low: 27.1380). On the other end, October was the most stable month, with a tight range of 0.2200 PHP (High: 28.5203 / Low: 28.3002).

April Spread (Volatile) ±1.0170

October Spread (Stable) ±0.2200

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 0.5311 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 28.3961) against the same month in 2022 (average: 28.8270), the exchange rate shifted by -0.4309 (-1.49%).

2023 Avg (September) 28.3961

2022 Avg (September) 28.8270

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.9850	27.1925	27.4669
February	27.7625	26.8315	27.4270
March	27.7600	27.0450	27.3654
April	28.1550	27.1380	27.6266
May	28.1780	27.6681	27.8844
June	28.1170	27.5805	27.9046
July	27.8350	27.1730	27.4533
August	28.4360	27.4507	28.1526
September	28.6323	28.3192	28.3961
October	28.5203	28.3002	28.3898
November	28.3395	27.5917	27.8587
December	27.9313	27.6425	27.7600

2023 BBD నుండి PHP చారిత్రక సమీక్ష