YEARLY HIGH
0.7304 UYU
YEARLY LOW
0.6618 UYU
YEARLY AVERAGE
0.6982 UYU

2023 PHP to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.7304. Conversely, the yearly low was recorded on September 5, dropping to 0.6618.

This high-to-low spread represents a total annual volatility of 0.0685 UYU. From a start-to-finish perspective, comparing the January average rate of 0.7187 to the December average rate of 0.7074, the exchange rate registered a net change of -1.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7304 was down 16.78% compared to the 2022 peak of 0.8776, 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 182,591 UYU
2022 Average 189,525 UYU
Yearly Trough Low 165,459 UYU
Transaction Impact: A difference of 17,131.90 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7236
0.6648
JanuMarcMayJulySeptNove

PHP to UYU 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 0.7051, compared to 0.6914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 0.7051
H2 Avg (Jul–Dec) 0.6914

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0279 UYU (High: 0.7018 / Low: 0.6739). On the other end, September was the most stable month, with a tight range of 0.0172 UYU (High: 0.6790 / Low: 0.6618).

July Spread (Volatile) ±0.0279
September Spread (Stable) ±0.0172

Growth Streaks & Declines

Trends

Between September and November, 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 0.0168 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.7143) against the same month in 2022 (average: 0.8138), the exchange rate shifted by -0.0995 (-12.23%).

2023 Avg (March) 0.7143
2022 Avg (March) 0.8138

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7283 0.7072 0.7187
February 0.7284 0.7007 0.7124
March 0.7304 0.7052 0.7143
April 0.7153 0.6917 0.7018
May 0.7055 0.6877 0.6972
June 0.6951 0.6742 0.6860
July 0.7018 0.6739 0.6892
August 0.6888 0.6647 0.6724
September 0.6790 0.6618 0.6697
October 0.7064 0.6788 0.6977
November 0.7202 0.7028 0.7119
December 0.7182 0.6988 0.7074