2023 PHP to NOK Historical Review

YEARLY HIGH

0.2005 NOK

YEARLY LOW

0.1758 NOK

YEARLY AVERAGE

0.1899 NOK

2023 PHP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 0.2005. Conversely, the yearly low was recorded on January 1, dropping to 0.1758.

This high-to-low spread represents a total annual volatility of 0.0247 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1807 to the December average rate of 0.1894, the exchange rate registered a net change of 4.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2005 was up 6.31% compared to the 2022 peak of 0.1886, 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 50,127 NOK

2022 Average 44,083 NOK

Yearly Trough Low 43,941 NOK

Transaction Impact: A difference of 6,186.43 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1972

0.1792

JanuMarcMayJulySeptNove

PHP to NOK 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 0.1896, compared to 0.1902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1896

H2 Avg (Jul–Dec) 0.1902

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0165 NOK (High: 0.1983 / Low: 0.1818). On the other end, September was the most stable month, with a tight range of 0.0036 NOK (High: 0.1909 / Low: 0.1874).

December Spread (Volatile) ±0.0165

September Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.0063 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1957) against the same month in 2022 (average: 0.1760), the exchange rate shifted by +0.0197 (+11.17%).

2023 Avg (November) 0.1957

2022 Avg (November) 0.1760

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1834	0.1758	0.1807
February	0.1906	0.1827	0.1868
March	0.1969	0.1876	0.1925
April	0.1932	0.1860	0.1902
May	0.1985	0.1888	0.1939
June	0.1978	0.1882	0.1934
July	0.1945	0.1829	0.1873
August	0.1897	0.1805	0.1860
September	0.1909	0.1874	0.1889
October	0.1971	0.1891	0.1937
November	0.2005	0.1912	0.1957
December	0.1983	0.1818	0.1894

2023 PHP నుండి NOK చారిత్రక సమీక్ష