YEARLY HIGH
4.6633 YER
YEARLY LOW
4.3718 YER
YEARLY AVERAGE
4.5019 YER

2023 PHP to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PHP to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 4.6633. Conversely, the yearly low was recorded on September 26, dropping to 4.3718.

This high-to-low spread represents a total annual volatility of 0.2915 YER. From a start-to-finish perspective, comparing the January average rate of 4.5573 to the December average rate of 4.5070, the exchange rate registered a net change of -1.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 4.6633 was down 5.04% compared to the 2022 peak of 4.9107, 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 1,165,827 YER
2022 Average 1,150,437 YER
Yearly Trough Low 1,092,955 YER
Transaction Impact: A difference of 72,871.83 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

4.5902
4.3915
JanuMarcMayJulySeptNove

PHP to YER 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 4.5335, compared to 4.4704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0631 points.

H1 Avg (Jan–Jun) 4.5335
H2 Avg (Jul–Dec) 4.4704

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.1666 YER (High: 4.6125 / Low: 4.4459). On the other end, October was the most stable month, with a tight range of 0.0341 YER (High: 4.4231 / Low: 4.3890).

April Spread (Volatile) ±0.1666
October Spread (Stable) ±0.0341

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.1134 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 4.5641) against the same month in 2022 (average: 4.8780), the exchange rate shifted by -0.3139 (-6.44%).

2023 Avg (February) 4.5641
2022 Avg (February) 4.8780

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.6033 4.4720 4.5573
February 4.6633 4.5088 4.5641
March 4.6275 4.5083 4.5736
April 4.6125 4.4459 4.5313
May 4.5242 4.4423 4.4888
June 4.5376 4.4510 4.4857
July 4.6066 4.4970 4.5594
August 4.5600 4.4020 4.4459
September 4.4201 4.3718 4.4080
October 4.4231 4.3890 4.4089
November 4.5367 4.4161 4.4930
December 4.5279 4.4811 4.5070