YEARLY HIGH
0.0820 PLN
YEARLY LOW
0.0700 PLN
YEARLY AVERAGE
0.0755 PLN

2023 PHP to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 0.0820. Conversely, the yearly low was recorded on December 27, dropping to 0.0700.

This high-to-low spread represents a total annual volatility of 0.0120 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0789 to the December average rate of 0.0714, the exchange rate registered a net change of -9.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0820 was down 6.46% compared to the 2022 peak of 0.0877, 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 20,506 PLN
2022 Average 20,442 PLN
Yearly Trough Low 17,498 PLN
Transaction Impact: A difference of 3,007.34 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0818
0.0705
JanuMarcMayJulySeptNove

PHP to PLN 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 0.0775, compared to 0.0736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0775
H2 Avg (Jul–Dec) 0.0736

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0052 PLN (High: 0.0797 / Low: 0.0745). On the other end, July was the most stable month, with a tight range of 0.0015 PLN (High: 0.0740 / Low: 0.0726).

April Spread (Volatile) ±0.0052
July Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0035 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0808) against the same month in 2022 (average: 0.0784), the exchange rate shifted by +0.0024 (+3.04%).

2023 Avg (February) 0.0808
2022 Avg (February) 0.0784

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0800 0.0760 0.0789
February 0.0820 0.0789 0.0808
March 0.0811 0.0789 0.0801
April 0.0797 0.0745 0.0766
May 0.0756 0.0736 0.0749
June 0.0750 0.0726 0.0737
July 0.0740 0.0726 0.0732
August 0.0736 0.0716 0.0726
September 0.0775 0.0730 0.0759
October 0.0778 0.0737 0.0752
November 0.0745 0.0708 0.0730
December 0.0727 0.0700 0.0714