YEARLY HIGH
0.3578 NAD
YEARLY LOW
0.3020 NAD
YEARLY AVERAGE
0.3326 NAD

2023 PHP to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.3578. Conversely, the yearly low was recorded on January 5, dropping to 0.3020.

This high-to-low spread represents a total annual volatility of 0.0558 NAD. From a start-to-finish perspective, comparing the January average rate of 0.3110 to the December average rate of 0.3366, the exchange rate registered a net change of 8.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3578 was up 12.07% compared to the 2022 peak of 0.3192, 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 89,447 NAD
2022 Average 74,762 NAD
Yearly Trough Low 75,500 NAD
Transaction Impact: A difference of 13,946.68 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3453
0.3078
JanuMarcMayJulySeptNove

PHP to NAD 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 0.3296, compared to 0.3356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.3296
H2 Avg (Jul–Dec) 0.3356

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0327 NAD (High: 0.3578 / Low: 0.3251). On the other end, September was the most stable month, with a tight range of 0.0093 NAD (High: 0.3382 / Low: 0.3289).

November Spread (Volatile) ±0.0327
September Spread (Stable) ±0.0093

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0066 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.3365) against the same month in 2022 (average: 0.3049), the exchange rate shifted by +0.0316 (+10.38%).

2023 Avg (November) 0.3365
2022 Avg (November) 0.3049

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3175 0.3020 0.3110
February 0.3345 0.3109 0.3259
March 0.3397 0.3273 0.3340
April 0.3382 0.3222 0.3290
May 0.3525 0.3297 0.3422
June 0.3516 0.3260 0.3357
July 0.3399 0.3210 0.3323
August 0.3487 0.3259 0.3347
September 0.3382 0.3289 0.3341
October 0.3553 0.3301 0.3392
November 0.3578 0.3251 0.3365
December 0.3433 0.3275 0.3366