2023 INR to PHP Historical Review

YEARLY HIGH

0.6875 PHP

YEARLY LOW

0.6516 PHP

YEARLY AVERAGE

0.6735 PHP

2023 INR to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.6875. Conversely, the yearly low was recorded on February 5, dropping to 0.6516.

This high-to-low spread represents a total annual volatility of 0.0358 PHP. From a start-to-finish perspective, comparing the January average rate of 0.6722 to the December average rate of 0.6670, the exchange rate registered a net change of -0.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6875 was down 5.24% compared to the 2022 peak of 0.7255, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 171,863 PHP

2022 Average 173,308 PHP

Yearly Trough Low 162,901 PHP

Transaction Impact: A difference of 8,961.82 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6859

0.6618

JanuMarcMayJulySeptNove

INR 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 0.6721, compared to 0.6750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.6721

H2 Avg (Jul–Dec) 0.6750

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0252 PHP (High: 0.6856 / Low: 0.6604). On the other end, October was the most stable month, with a tight range of 0.0044 PHP (High: 0.6849 / Low: 0.6805).

April Spread (Volatile) ±0.0252

October Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0131 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.6839) against the same month in 2022 (average: 0.7186), the exchange rate shifted by -0.0348 (-4.84%).

2023 Avg (September) 0.6839

2022 Avg (September) 0.7186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6785	0.6665	0.6722
February	0.6711	0.6516	0.6638
March	0.6795	0.6559	0.6655
April	0.6856	0.6604	0.6742
May	0.6827	0.6708	0.6775
June	0.6819	0.6727	0.6792
July	0.6746	0.6617	0.6680
August	0.6873	0.6671	0.6797
September	0.6875	0.6804	0.6839
October	0.6849	0.6805	0.6822
November	0.6808	0.6623	0.6691
December	0.6726	0.6634	0.6670

2023 INR నుండి PHP చారిత్రక సమీక్ష