2023 PHP to CDF Historical Review

YEARLY HIGH

50.3234 CDF

YEARLY LOW

36.4638 CDF

YEARLY AVERAGE

41.9677 CDF

2023 PHP to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 50.3234. Conversely, the yearly low was recorded on May 15, dropping to 36.4638.

This high-to-low spread represents a total annual volatility of 13.8596 CDF. From a start-to-finish perspective, comparing the January average rate of 37.2985 to the December average rate of 49.0375, the exchange rate registered a net change of 31.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 50.3234 was up 27.74% compared to the 2022 peak of 39.3957, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,580,850 CDF

2022 Average 9,281,596 CDF

Yearly Trough Low 9,115,954 CDF

Transaction Impact: A difference of 3,464,895.79 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

50.2114

36.1245

JanuMarcMayJulySeptNove

PHP to CDF 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 38.6483, compared to 45.2872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.6389 points.

H1 Avg (Jan–Jun) 38.6483

H2 Avg (Jul–Dec) 45.2872

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 5.3143 CDF (High: 41.7781 / Low: 36.4638). On the other end, September was the most stable month, with a tight range of 0.7119 CDF (High: 44.0268 / Low: 43.3149).

May Spread (Volatile) ±5.3143

September Spread (Stable) ±0.7119

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 0.9917 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9917

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 49.0375) against the same month in 2022 (average: 36.8294), the exchange rate shifted by +12.2081 (+33.15%).

2023 Avg (December) 49.0375

2022 Avg (December) 36.8294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.0029	36.4887	37.2985
February	38.5675	37.0277	37.6026
March	38.4511	36.8336	37.7873
April	39.3135	36.6380	37.6699
May	41.7781	36.4638	39.2380
June	43.6010	41.3451	42.2936
July	46.7375	43.6010	44.9733
August	45.1897	43.3638	43.9816
September	44.0268	43.3149	43.7339
October	45.5782	43.5576	44.3513
November	49.0358	43.8369	45.6455
December	50.3234	47.7120	49.0375

2023 PHP నుండి CDF చారిత్రక సమీక్ష