YEARLY HIGH
0.1476 GTQ
YEARLY LOW
0.1372 GTQ
YEARLY AVERAGE
0.1408 GTQ

2023 PHP to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.1476. Conversely, the yearly low was recorded on October 29, dropping to 0.1372.

This high-to-low spread represents a total annual volatility of 0.0104 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.1429 to the December average rate of 0.1411, the exchange rate registered a net change of -1.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1476 was down 2.52% compared to the 2022 peak of 0.1515, 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 36,911 GTQ
2022 Average 35,617 GTQ
Yearly Trough Low 34,312 GTQ
Transaction Impact: A difference of 2,599.03 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1434
0.1376
JanuMarcMayJulySeptNove

PHP to GTQ 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 0.1416, compared to 0.1401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1416
H2 Avg (Jul–Dec) 0.1401

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0075 GTQ (High: 0.1476 / Low: 0.1401). On the other end, October was the most stable month, with a tight range of 0.0017 GTQ (High: 0.1389 / Low: 0.1372).

February Spread (Volatile) ±0.0075
October Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0032 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.1428) against the same month in 2022 (average: 0.1500), the exchange rate shifted by -0.0072 (-4.82%).

2023 Avg (February) 0.1428
2022 Avg (February) 0.1500

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1444 0.1402 0.1429
February 0.1476 0.1401 0.1428
March 0.1442 0.1404 0.1424
April 0.1437 0.1386 0.1410
May 0.1415 0.1387 0.1399
June 0.1422 0.1390 0.1404
July 0.1443 0.1401 0.1428
August 0.1433 0.1381 0.1395
September 0.1390 0.1372 0.1385
October 0.1389 0.1372 0.1381
November 0.1419 0.1382 0.1404
December 0.1420 0.1401 0.1411