YEARLY HIGH
0.6657 PHP
YEARLY LOW
0.6185 PHP
YEARLY AVERAGE
0.6331 PHP

2023 KGS to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.6657. Conversely, the yearly low was recorded on July 14, dropping to 0.6185.

This high-to-low spread represents a total annual volatility of 0.0472 PHP. From a start-to-finish perspective, comparing the January average rate of 0.6419 to the December average rate of 0.6229, the exchange rate registered a net change of -2.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6657 was down 9.59% compared to the 2022 peak of 0.7364, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,329 PHP
2022 Average 3,248 PHP
Yearly Trough Low 3,092 PHP
Transaction Impact: A difference of 236.24 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6439
0.6210
JanuMarcMayJulySeptNove

KGS 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 0.6343, compared to 0.6319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.6343
H2 Avg (Jul–Dec) 0.6319

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0342 PHP (High: 0.6657 / Low: 0.6315). On the other end, October was the most stable month, with a tight range of 0.0064 PHP (High: 0.6407 / Low: 0.6343).

January Spread (Volatile) ±0.0342
October Spread (Stable) ±0.0064

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 0.0123 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6419) against the same month in 2022 (average: 0.6041), the exchange rate shifted by +0.0379 (+6.27%).

2023 Avg (January) 0.6419
2022 Avg (January) 0.6041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6657 0.6315 0.6419
February 0.6371 0.6222 0.6307
March 0.6351 0.6187 0.6261
April 0.6434 0.6209 0.6316
May 0.6434 0.6323 0.6376
June 0.6428 0.6318 0.6381
July 0.6356 0.6185 0.6260
August 0.6443 0.6254 0.6393
September 0.6465 0.6385 0.6414
October 0.6407 0.6343 0.6372
November 0.6346 0.6192 0.6249
December 0.6274 0.6190 0.6229