2023 MXN నుండి PHP చారిత్రక సమీక్ష
2023 సంవత్సరం పొడవునా మారకపు రేటు పనితీరు యొక్క సమగ్ర విశ్లేషణ.
2023 MXN to PHP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MXN to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 3.3880. Conversely, the yearly low was recorded on February 5, dropping to 2.8247.
This high-to-low spread represents a total annual volatility of 0.5633 PHP. From a start-to-finish perspective, comparing the January average rate of 2.8968 to the December average rate of 3.2345, the exchange rate registered a net change of 11.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 3.3880 was up 13.05% compared to the 2022 peak of 2.9969, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MXN to PHP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.0437, compared to 3.2374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1937 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 0.2052 PHP (High: 3.0299 / Low: 2.8247). On the other end, July was the most stable month, with a tight range of 0.0709 PHP (High: 3.2915 / Low: 3.2206).
Growth Streaks & Declines
TrendsBetween January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1442 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2023: 3.3150) against the same month in 2022 (average: 2.7742), the exchange rate shifted by +0.5408 (+19.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.9301 | 2.8564 | 2.8968 |
| February | 3.0299 | 2.8247 | 2.9504 |
| March | 3.0873 | 2.8827 | 2.9744 |
| April | 3.1192 | 2.9775 | 3.0583 |
| May | 3.2142 | 3.0797 | 3.1461 |
| June | 3.2655 | 3.1894 | 3.2363 |
| July | 3.2915 | 3.2206 | 3.2451 |
| August | 3.3880 | 3.2022 | 3.3150 |
| September | 3.3333 | 3.2205 | 3.2837 |
| October | 3.2569 | 3.0939 | 3.1395 |
| November | 3.2499 | 3.1454 | 3.2068 |
| December | 3.2836 | 3.1684 | 3.2345 |